AcquisitionsAug 5, 2026, 04:34 PM
Cadre Holdings Acquires Alien Gear & TYR; Q2 Sales Up 31.8% to $207.1M
AI Summary
Cadre Holdings completed two significant acquisitions in the first half of 2026, acquiring Alien Gear for $10.3 million in April and TYR Tactical for $185.2 million in January. For the second quarter of 2026, net sales increased 31.8% to $207.1 million, while net income decreased 6.6% to $11.4 million. Diluted earnings per share for the quarter was $0.26, down from $0.30 in the prior year.
Key Highlights
- Acquired Alien Gear for $10.3 million cash on April 7, 2026.
- Acquired TYR Tactical for $185.2 million (cash & stock) on January 30, 2026.
- Q2 2026 net sales increased 31.8% to $207.1 million.
- Q2 2026 net income decreased 6.6% to $11.4 million.
- Q2 2026 diluted EPS was $0.26, down from $0.30 year-over-year.
- Total assets increased to $917.3 million as of June 30, 2026.
- Net cash provided by operating activities for six months was $44.7 million.
- Declared a quarterly dividend of $0.10 per share.
Price Impact
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