Brady Corporation reported a 7.5% increase in sales for the first quarter of fiscal 2026.
Diluted EPS grew by 16.5% to $1.13 compared to the previous year.
Cash flow from operating activities surged by 42.5% to $33.4 million in the same period.
Sales Growth
Sales increased by 7.5% driven by organic growth, acquisitions, and foreign currency effects.
Earnings Per Share
Diluted EPS rose by 16.5% to $1.13, and Adjusted Diluted EPS increased by 8.0% to $1.21.
Cash Flow Performance
Operating cash flow soared by 42.5% to $33.4 million in the first quarter of fiscal 2026.
Guidance Update
Adjusted Diluted EPS guidance for fiscal year 2026 was raised to a range of $4.90 to $5.15 per share.
- Brady Corporation's strong sales growth reflects market demand and strategic acquisitions.
- The increase in cash flow indicates improved operational efficiency and financial performance.
With robust sales growth, increased EPS, and enhanced cash flow, Brady Corporation shows promising performance in the first quarter of fiscal year 2026.