Quarterly ResultJul 31, 2026, 09:29 AM
RBC Bearings Q1 Net Sales $519.5M (+19.2%); EPS $3.20 (+47.5%)
AI Summary
RBC Bearings Incorporated announced strong financial results for the first quarter of fiscal 2027, with net sales increasing 19.2% to $519.5 million. The company reported a significant rise in net income by 48.2% to $101.5 million and diluted EPS of $3.20, up 47.5% year-over-year. Both Aerospace & Defense and Industrial segments contributed to the growth, with gross margin also showing improvement. The company provided a positive outlook for the second quarter of fiscal 2027, projecting net sales between $505.0 million and $515.0 million.
Key Highlights
- Net sales for Q1 Fiscal 2027 increased 19.2% to $519.5 million.
- Aerospace & Defense segment sales grew 36.9%, while Industrial segment sales rose 8.4%.
- Reported net income for the quarter was $101.5 million, up 48.2% year-over-year.
- Diluted EPS was $3.20, a 47.5% increase from the prior year.
- Adjusted diluted EPS reached $3.88, up 36.6% compared to last year.
- Gross margin improved to 47.7% from 44.8% in the same period last year.
- Backlog as of June 27, 2026, stood at $2.3 billion.
- Company expects Q2 Fiscal 2027 net sales between $505.0 million and $515.0 million.
Price Impact
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