Donaldson Company, Inc. reports a strong start to fiscal 2026 with a 3.9% increase in first quarter sales.
The company's first quarter GAAP EPS is up 19.0% compared to the previous year.
Adjusted EPS for the first quarter shows a 13.3% increase over the prior year.
Donaldson achieved a record first quarter performance driven by sales growth, leverage, and cost optimization initiatives.
The company is raising its full-year adjusted operating margin and EPS guidance based on the robust start to fiscal 2026.
Sales Growth
First quarter sales increased by 3.9%, with growth in replacement parts and new equipment.
Earnings Performance
GAAP EPS is up by 19.0% and adjusted EPS increased by 13.3% in the first quarter of fiscal 2026.
Adjusted Operating Margin
Donaldson expanded its operating margin through leverage on higher sales and cost optimization benefits.
Full-Year Guidance
Based on the strong first quarter performance, the company is raising its full-year adjusted operating margin and EPS guidance.
- Donaldson's performance reflects market share gains and growth in replacement part sales.
- The company converted a 4% sales growth into a 13% adjusted EPS growth through expense management and solid business strategies.
- The first quarter results demonstrate Donaldson's ability to navigate a dynamic macro landscape and deliver value to shareholders.
Donaldson Company, Inc.'s first quarter results indicate a strong start to fiscal 2026, showcasing growth in sales and earnings along with strategic cost optimization.