Investors can contact the law firm at no cost to learn more about recovering their losses ​LOS ANGELES, Sept. 09, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Quanex Building Products Corporation (“Quanex” or “the Company”) (NYSE: NX) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Quanex investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to co ...

(Mark One) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________ FORM 10-Q ________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-33913 QUANEX BUILDING PRODUCTS CO ...

Financial Data and Key Metrics Changes - The company reported net sales of $495.3 million for Q3 2025, a 77% increase compared to $280.3 million in Q3 2024, primarily driven by the Tymon acquisition [17] - A net loss of $276 million or $6.4 per diluted share was reported for the quarter, compared to a net income of $25.4 million or $0.77 per diluted share in the same period last year [18] - Adjusted EBITDA for the quarter increased by 67.2% to $70.3 million compared to $42 million during the same period last year [20] Business Line Data and Key Metrics Changes - Hardware Solutions segment generated net sales of $227.1 million, a 201% increase compared to $75.5 million in 2024, with a decline in legacy product line volumes by 2.4% [21] - Extruded Solutions segment reported revenue of $174.4 million, a 29.6% increase from $134.6 million in 2024, with a 2.6% decline in legacy product line volumes [22] - Custom Solutions segment net sales were $102.3 million, up from $72.7 million in 2024, with a 0.8% increase in legacy product line volumes [23] Market Data and Key Metrics Changes - In North America, volumes increased compared to the prior quarter but were below normal seasonal expectations due to extended downtime around the July 4 holiday [7] - European market share gains in vinyl extrusion and insulating glass spacer product lines helped offset market weakness despite ongoing pricing pressure [8] Company Strategy and Development Direction - The company is focused on achieving financial and operational objectives, prioritizing above-market growth and improved margin profiles over time [5] - The integration of Tymon is progressing well, with expected cost synergies of approximately $45 million, exceeding initial projections of $30 million [12] - The company aims to capitalize on pent-up demand as macroeconomic uncertainty subsides and customer confidence improves [11] Management's Comments on Operating Environment and Future Outlook - Management noted that macroeconomic headwinds persisted, impacting demand and order patterns, but expressed confidence in the company's resilience [6] - The company anticipates continued pressure on results in the Hardware Solutions segment in Q4 but expects gradual progress as operational issues are addressed [15] - Updated guidance for fiscal 2025 estimates net sales of approximately $1.82 billion and adjusted EBITDA of approximately $235 million [26] Other Important Information - The company repaid over $51 million of bank debt during the quarter, demonstrating strong cash flow generation [13] - Cash provided by operating activities was $60.7 million for Q3 2025, compared to $46.4 million for Q3 2024 [24] Q&A Session Summary Question: Is there a change in the competitive landscape affecting demand? - Management indicated that the softness in demand is more macro-related than competitive, with good performance across regions and product lines [28] Question: What is driving the strength in Europe? - Strength in Europe is attributed to market share gains and the delivery of quality products, particularly in extrusions and framing systems [29] Question: What is the expected EBITDA headwind from Mexico? - Management expects a similar EBITDA headwind in Q4 as seen in Q3, with some progress anticipated towards the end of the quarter [33] Question: What are customers saying about refinancing activity? - Management noted no signs of destocking and expects continued softness in demand due to seasonal factors [44] Question: What is the timeline for realizing synergies from the Tymon acquisition? - The timeline for the initial $30 million in synergies remains early 2026, with no pushout announced [70]

Quanex Building Products (NX) came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -18.82%. A quarter ago, it was expected that this housing materials maker would post earnings of $0.48 per share when it actually produced earnings of $0.6, delivering a surprise of +25%.Over the last four q ...

EXHIBIT 99.1 Quanex Building Products Announces Third Quarter 2025 Results New Segment Reporting Implemented Balance Sheet Further Strengthened with $51.25 Million of Debt Repaid in 3Q25 Cost Synergy Target Reaffirmed Full Year Guidance Updated HOUSTON, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced its results for the three months ended July 31, 2025. The Company reported the following selected financial results: | | Three Month ...

Core Insights - Quanex Building Products Corporation reported a significant increase in net sales for the third quarter of 2025, reaching $495.3 million, a 76.7% increase compared to $280.3 million in the same period of 2024, primarily driven by the Tyman acquisition [1][3] - The company reaffirmed its cost synergy target, now estimating approximately $45 million in cost synergies over time, an increase from the initial projection of $30 million [1][2] - Despite challenges such as macroeconomic uncertainty and operational issues, the company remains optimistic about its prospects for profitable growth and value creation [1][2] Financial Performance - Net sales for the nine months ended July 31, 2025, totaled $1.35 billion, compared to $785.7 million for the same period in 2024 [1] - Gross margin increased to $138.0 million in Q3 2025, with a gross margin percentage of 27.9%, up from 25.3% in Q3 2024 [1] - The company reported a net loss of $276.0 million for Q3 2025, primarily due to a $302.3 million non-cash goodwill impairment [1][3] Balance Sheet and Liquidity - As of July 31, 2025, total debt stood at $733.7 million, with a leverage ratio of Net Debt to LTM Adjusted EBITDA decreasing to 2.6x [6][7] - The company's liquidity improved to $337.7 million, consisting of $66.3 million in cash and availability under its Senior Secured Revolving Credit Facility [7][8] - The company repaid over $51 million in bank debt during Q3 2025, reflecting strong cash flow [1][2] Share Repurchase Program - The Board authorized a $75 million share repurchase program, with $33.6 million remaining under the existing authorization as of July 31, 2025 [8] - During Q3 2025, the company repurchased 100,000 shares for approximately $2.1 million at an average price of $20.54 per share [8] Outlook - Quanex updated its fiscal 2025 guidance, now estimating net sales of approximately $1.82 billion and Adjusted EBITDA of approximately $235 million [9][10] - The company plans to focus on the integration of Tyman, capturing synergies, generating cash flow to pay down debt, and opportunistically repurchasing stock as macroeconomic conditions improve [2][9]

HOUSTON, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced plans to release its third quarter 2025 results on Thursday, September 4, 2025, after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call for Friday, September 5, 2025, at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release. A link to the live audio webcast will be available on Quanex’s website at http://www.quanex.com in the Inve ...

Investors interested in stocks from the Building Products - Miscellaneous sector have probably already heard of Quanex Building Products (NX) and Holcim Ltd Unsponsored ADR (HCMLY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estima ...

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Industry Overview - The Zacks Building Products - Miscellaneous industry is experiencing growth due to increased government infrastructure spending, which is driving demand for construction-related products and services [1] - Key players in the industry, such as United Rentals, Inc., Masco Corporation, Construction Partners, Inc., Hillman Solutions Corp., and Quanex Building Products Corporation, are well-positioned to capitalize on these trends [1] Current Challenges - The industry faces near-term challenges from high mortgage rates, affordability concerns, and inflation-related cost pressures, including tariffs on raw materials like iron, steel, and copper [2] - Despite these challenges, proactive cost management and pricing strategies are helping to mitigate headwinds [2] Industry Description - The industry comprises manufacturers, designers, and distributors of home improvement and building products, including ceiling systems, doors, windows, flooring, and metal products [3] - Companies also provide solutions for rehabilitating aging infrastructure and rent equipment to a diverse customer base [3] Future Trends - Strong global trends in infrastructure modernization and energy transition are expected to benefit industry players [4] - Improving residential construction markets are anticipated to drive growth, with builders cautiously optimistic for 2025 due to a lack of existing inventory [4] Operational Strategies - Industry participants are implementing cost-saving initiatives, including business consolidation and supply chain improvements, to boost profitability [5] - Strategic investments in new products and acquisitions are being pursued to supplement organic growth [5] Tariff Impact - U.S. tariff policies are increasing costs and disrupting supply chains, leading to heightened inflation [6] - Overall construction input prices were reported to be 1.1% higher in June compared to the previous year [6] Market Performance - The Zacks Building Products - Miscellaneous industry has underperformed the S&P 500 Composite and the broader Zacks Construction sector over the past year, losing 8.4% [12] - The industry is currently trading at a forward P/E ratio of 16.7X, lower than the S&P 500's 22.61X and the sector's 18.76X [15] Company Highlights - **Construction Partners**: Positioned for strong growth with a record project backlog of $2.84 billion and significant revenue growth from acquisitions [20][21] - **Quanex**: Benefiting from the acquisition of Tyman, contributing to a 67.3% year-over-year increase in consolidated sales [24][25] - **United Rentals**: Growth driven by strong demand in infrastructure projects and a stable customer sentiment, with a reaffirmed full-year guidance [27][28][29] - **Masco**: Facing a potential $400 million tariff headwind but expects to offset 50%-65% through pricing and cost reduction efforts [31][32] - **Hillman**: Aiming to reduce reliance on Chinese suppliers and maintain sales growth despite macroeconomic challenges [35][36]