Quarterly ResultJun 24, 2026, 07:47 AM
Daktronics Reports Record FY26 Sales $838.7M, Orders $860.8M; Q4 EPS $0.17
AI Summary
Daktronics announced record net sales of $838.7 million and record orders of $860.8 million for fiscal year 2026. Fourth-quarter sales increased 20.9% to $208.6 million, with Q4 GAAP EPS of $0.17 and adjusted EPS of $0.27. The company's Board also authorized an increase of $40.0 million to its existing stock repurchase program, reflecting strong financial performance and capital allocation strategy.
Key Highlights
- Board authorized additional $40.0 million for share repurchases.
- Record net sales for fiscal 2026 reached $838.7 million.
- Record orders for fiscal 2026 totaled $860.8 million.
- Q4 net sales increased 20.9% to $208.6 million.
- Q4 GAAP EPS was $0.17, with adjusted EPS of $0.27.
- Full-year GAAP EPS was $0.92, with adjusted EPS of $1.05.
- Full-year operating margin improved to 7.3% from 4.4% in FY25.
- Product backlog stood at $356.2 million at year-end.
Price Impact
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