Third Quarter 2025 Conference Call September 25, 2025 ® 2025 H.B. Fuller Title Slide Disclosure ® 2025 H.B. Fuller Third Quarter Highlights Adjusted EBITDA $171M Up 3% YOY Adjusted EBITDA Margin 19.1% Up 110 bps YOY Safe Harbor Statement Certain matters discussed today are forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements reflect our ...

Core Insights - H.B. Fuller Company reported third-quarter adjusted earnings that slightly exceeded expectations, but shares dropped over 2% pre-market due to light revenue and tightened full-year guidance [1] Financial Performance - Adjusted earnings per share were $1.26, reflecting a 12% year-on-year increase and a penny above consensus [2] - Revenue for the quarter was $892 million, falling short of the $896.55 million estimate and down 2.8% from the previous year; excluding the flooring divestiture, revenue increased by 1.6% [2] - Adjusted EBITDA rose by 3% to $171 million, with a margin expansion of 110 basis points to 19.1%, attributed to favorable pricing, lower raw material costs, and efficiency initiatives [2] Guidance and Outlook - The company narrowed its full-year outlook, guiding adjusted EPS to a range of $4.10–$4.25 [3] - It forecasted a net revenue decline of 2%–3% for fiscal 2025, with organic revenue expected to be flat to up 1% [3]

Back at the start of summer, I rated H.B. Fuller Company (NYSE: FUL ) as a buy. The company got rid of parts of the business that didn’t make much money, shifted more attention to its moreI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure:I/we have a beneficial long position in ...

Back at the start of summer, I rated H.B. Fuller Company (NYSE: FUL ) as a buy. The company got rid of parts of the business that didn’t make much money, shifted more attention to its moreI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure:I/we have a beneficial long position in ...

Exhibit 99.1 Scott Jensen Investor Relations Contact 651-236-5060 NEWS September 24, 2025 H.B. Fuller Reports Third Quarter 2025 Results Reported EPS (diluted) of $1.22; Adjusted EPS (diluted) of $1.26, up 12% year-on-year Net income of $67 million; Adjusted EBITDA of $171 million, up 3% year-on-year Adjusted EBITDA margin of 19.1%, up 110 basis points year-on-year Worldwide Headquarters 1200 Willow Lake Boulevard St. Paul, Minnesota 55110-5101 ST. PAUL, Minn. – H.B. Fuller Company (NYSE: FUL) today reporte ...

Core Insights - H.B. Fuller Company (NYSE:FUL) is a key player in the specialty chemical industry, recognized for its innovative adhesive solutions and global operations across various sectors such as construction, packaging, and electronics [1] Financial Performance - For the quarter ending September 24, 2025, FUL reported earnings per share (EPS) of $1.26, exceeding the Zacks Consensus Estimate of $1.24 and showing an improvement from $1.13 EPS in the same quarter last year, resulting in a positive earnings surprise of +1.61% [2] - The company generated revenue of $892 million, slightly below the estimated $906 million, but adjusted net revenue increased by 1.6% year-on-year when accounting for the flooring divestiture, despite a 2.8% decrease compared to the same period last year [3][6] Market Valuation - FUL's price-to-earnings (P/E) ratio is approximately 31.30, indicating the price investors are willing to pay for each dollar of earnings, while the price-to-sales ratio stands at about 0.91, suggesting investors are paying less than one dollar for each dollar of sales [4] - The enterprise value to sales ratio is approximately 1.48, reflecting the company's market valuation [4] Financial Health - The company's debt-to-equity ratio is about 1.13, indicating a moderate use of debt for growth financing, and a current ratio of approximately 1.87 demonstrates a strong ability to cover short-term liabilities with short-term assets [5] - The enterprise value to operating cash flow ratio is around 22.55, indicating how many times the company's operating cash flow can cover its enterprise value [5]

Core Viewpoint - H. B. Fuller reported quarterly earnings of $1.26 per share, exceeding the Zacks Consensus Estimate of $1.24 per share, and showing an increase from $1.13 per share a year ago, indicating a positive earnings surprise of +1.61% [1] Financial Performance - The company achieved revenues of $892.04 million for the quarter ended August 2025, slightly surpassing the Zacks Consensus Estimate by 0.01%, but down from $917.93 million in the same quarter last year [2] - Over the last four quarters, H. B. Fuller has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - H. B. Fuller shares have declined approximately 11.7% since the beginning of the year, contrasting with the S&P 500's gain of 13.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.26 on revenues of $905.37 million, and for the current fiscal year, it is $4.18 on revenues of $3.48 billion [7] - The outlook for the Chemical - Specialty industry, where H. B. Fuller operates, is currently in the bottom 32% of over 250 Zacks industries, which may impact the stock's performance [8]

Core Insights - H.B. Fuller Company is set to release its third-quarter earnings results on September 24, with analysts expecting earnings of $1.24 per share, an increase from $1.13 per share in the same period last year [1] - The company projects quarterly revenue of $893.89 million, down from $917.93 million a year earlier [1] Financial Performance - In the second quarter, H.B. Fuller reported better-than-expected earnings and raised its FY2025 adjusted EPS guidance above estimates [2] - The annual dividend yield is currently 1.58%, with a semi-annual dividend of 23 cents per share, totaling 94 cents annually [2] Investment Considerations - To achieve a monthly income of $500 from dividends, an investment of approximately $380,554 or around 6,383 shares is required [2] - For a more modest monthly income of $100, an investment of $76,135 or around 1,277 shares is necessary [2] Dividend Yield Mechanics - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price [3] - Changes in stock price directly affect the dividend yield; for instance, if the stock price increases, the yield decreases, and vice versa [3][4] Stock Performance - H.B. Fuller shares fell 1.7% to close at $59.62 on the previous Tuesday [4]

Earnings Report - H.B. Fuller Company is set to release its third-quarter earnings results on September 24, with analysts expecting earnings of $1.24 per share, an increase from $1.13 per share in the same period last year [1] - The company projects quarterly revenue of $893.89 million, down from $917.93 million a year earlier [1] Dividend Information - H.B. Fuller currently offers an annual dividend yield of 1.58%, translating to a semi-annual dividend of 23 cents per share, or 94 cents annually [2] - To generate $500 monthly or $6,000 annually from dividends, an investment of approximately $380,554 or around 6,383 shares is required, while a more modest $100 monthly or $1,200 annually would need $76,135 or about 1,277 shares [2] Dividend Yield Calculation - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on changes in stock price and dividend payments [3][4] - For example, if a stock pays an annual dividend of $2 and is priced at $50, the yield is 4%, but if the price rises to $60, the yield drops to 3.33% [3] Stock Performance - H.B. Fuller shares fell 1.7% to close at $59.62 on Tuesday [4]

Earnings Report - H.B. Fuller Company is set to release its third-quarter earnings on September 24, with analysts expecting earnings of $1.24 per share, an increase from $1.13 per share in the same period last year [1] - The company projects quarterly revenue of $893.89 million, down from $917.93 million a year earlier [1] Recent Performance - On June 25, H.B. Fuller reported better-than-expected second-quarter earnings and raised its FY2025 adjusted EPS guidance above estimates [2] - Following the earnings report, H.B. Fuller shares fell by 1.3%, closing at $60.81 [2] Analyst Ratings - Baird analyst Ghansham Panjabi maintained an Outperform rating and raised the price target from $60 to $75 [4] - JP Morgan analyst Jeffrey Zekauskas maintained an Underweight rating and increased the price target from $50 to $54 [4] - Seaport Global analyst Michael Harrison downgraded the stock from Buy to Neutral [4] - Deutsche Bank analyst David Begleiter maintained a Buy rating but cut the price target from $75 to $72 [4]