Financial Performance - The company updated its FY26 reported EPS outlook to $972-$1002 and affirmed a comparable EPS outlook of $1130-$1160[16] - The company affirmed FY26 targets for operating cash flow of $25 billion to $26 billion and free cash flow of $13 billion to $14 billion[16] - Enterprise Q3 FY26 reported net sales were $2223 billion, a 10% decrease year-over-year, while organic net sales also reached $2223 billion, reflecting a 2% decrease[21, 24] - Enterprise Q3 FY26 reported operating income was $692 million, a 13% decrease year-over-year, but comparable operating income was $739 million, remaining flat[21, 28] Segment Results - The Beer Business experienced a 1% decrease in net sales, reaching $20 billion in Q3 FY26[21] - The Wine and Spirits Business reported a 51% decrease in net sales to $213 million, with organic net sales down 7%[21] - The Wine and Spirits Business operating margin contracted significantly from 221% to 158%[17] Capital Allocation - The company maintained a net leverage ratio at the target of approximately 30X[17, 19] - The company executed $220 million in share repurchases in Q3, bringing the fiscal year-to-date total to $824 million[17, 19] - Capital expenditures in Q3 were $246 million, with a fiscal year-to-date total of $656 million, primarily focused on Beer brewing capacity additions[17, 19] Strategic Initiatives - The company achieved a net benefit through efficiency and cost optimization initiatives of over $40 million in Q3 FY26 and over $145 million fiscal year-to-date[20]

Greatness Starts Here We transform organizations by building exceptional leaders, teams, and cultures that get results. INVESTOR UPDATE First Quarter Fiscal 2026 This presentation contains forward -looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . Forward -looking statements are based upon management's current expectations and are subject to various risks and uncertainties including, but not limited to : The ability of the Company to grow revenues; The acceptanc ...

Operational Strength Drives Sales, EPS, Cash Flow Growth and Value Creation Fiscal Year 2026 Guidance Narrowed FORT WORTH, Texas, January 7, 2026 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial results for the third quarter ended November 30, 2025. Fiscal Year 2026 Third Quarter Overview(1) (as compared to prior fiscal year third quarter): (1) Adjusted Net Income, Adjusted EPS, Adjusted EBITDA, and net levera ...

PresentationHello, and welcome, everyone, to Jackson's Strategic Development Call. My name is Becky, and I will be your operator today. [Operator Instructions]. I will now hand over to your host, Liz Werner, Head of Investor Relations, to begin. Please go ahead.Elizabeth WernerHead of Investor Relations Good morning, everyone, and welcome to our investor call on strategic development. Today's remarks may contain forward-looking statements, which are subject to risks and uncertainties. These statements are n ...

Core Insights - Apogee Enterprises, Inc. reported a net sales increase of 2.1% to $348.6 million for the third quarter of fiscal 2026, driven by an $18.4 million inorganic sales contribution from the acquisition of UW Solutions and a favorable product mix, despite lower volume [1][9] - Net earnings decreased by 21.2% to $16.5 million, with diluted earnings per share dropping 19.8% to $0.77 [1][20] - The company is focused on cost efficiencies through Project Fortify Phase 2, expecting annualized pre-tax cost savings of approximately $25 million to $26 million [11] Financial Results - Net sales for the third quarter were $348,563,000, compared to $341,344,000 in the same quarter last year, reflecting a 2.1% increase [1] - Net earnings were $16,549,000, down from $20,989,000, marking a 21.2% decline [1] - Diluted earnings per share decreased to $0.77 from $0.96, a 19.8% drop [1] - Adjusted EBITDA increased slightly to $46,131,000 from $45,803,000, with an adjusted EBITDA margin of 13.2%, down from 13.4% [1][9] Segment Performance - **Architectural Metals**: Net sales decreased to $124.4 million from $138.0 million, with adjusted EBITDA of $16.8 million, reflecting a margin increase to 13.5% [4] - **Architectural Services**: Net sales increased to $105.2 million from $104.9 million, with adjusted EBITDA of $10.2 million and a margin increase to 9.7% [5] - **Architectural Glass**: Net sales rose to $70.9 million from $70.2 million, but adjusted EBITDA decreased to $11.5 million, with a margin drop to 16.3% [6] - **Performance Surfaces**: Net sales surged to $53.0 million from $33.2 million, with adjusted EBITDA of $11.9 million, though the margin decreased to 22.5% [7] Financial Condition - Net cash provided by operating activities was $29.3 million, down from $31.0 million in the prior-year period [8] - Year-to-date net cash provided by operating activities totaled $66.6 million, compared to $95.1 million in the prior-year period [8] - Long-term debt decreased by $15 million to $255 million, resulting in a consolidated leverage ratio of 1.4x [10] Outlook - The company expects net sales for fiscal 2026 to be approximately $1.39 billion, with diluted EPS projected in the range of $2.49 to $2.65 [13] - An unfavorable EPS impact from tariffs is projected to be around $0.30 [13] - Capital expenditures are anticipated to be between $25 million to $30 million [13]

Financial Performance - Sales increased by 16% from Q2 FY25 to Q2 FY26[9] - Adjusted EBITDA increased by 23% from Q2 FY25 to Q2 FY26[9] - Adjusted EPS increased by 31% from Q2 FY25 to Q2 FY26[9] - Parts Supply sales increased by 29% from Q2 FY25 to Q2 FY26[28] - Integrated Solutions sales increased by 8% from Q2 FY25 to Q2 FY26[38] - Adjusted operating margin increased from 92% to 102%[24] Acquisitions and Strategic Initiatives - Acquired ADI, a distributor of electronic components and assemblies, with $149 million in sales and $15 million in EBITDA[9, 13] - Acquired HAECO Americas, the 2nd largest independent North American heavy maintenance provider, securing $850 million+ in new multi-year contracts[9, 15] - Announced an agreement to acquire Aircraft Reconfig Technologies for $35 million[9, 20] Balance Sheet and Leverage - Net leverage decreased by 109x since the Product Support acquisition[41] - The company is targeting a net leverage ratio of 20x – 25x[42, 46] Guidance - Q3 FY26 total sales growth is projected to be 20%-22%, with organic sales growth of 8%-11%[53]

Strategic Update The information in this document contains forward-looking statements about future events and circumstances and their effects upon revenues, expenses and business opportunities. Generally speaking, any statement in this document not based upon historical fact is a forward-looking statement. Forward-looking statements can also be identified by the use of forward-looking or conditional words, such as "could," "should," "can," "continue," "estimate," "forecast," "intend," "look," "may," "will," ...

Core Insights - Honeywell has announced an updated business segment structure that will take effect in Q1 2026, which includes the reclassification of its Advanced Materials business unit as discontinued operations starting Q4 2025 [1][2][5] Financial Guidance Adjustments - The company has adjusted its full-year 2025 guidance, reducing adjusted sales from $40.7B - $40.9B to $37.5B - $37.7B due to the impact of the Advanced Materials spin-off [6][7] - The adjusted earnings per share (EPS) guidance has been lowered from $10.60 - $10.70 to $9.70 - $9.80, reflecting a decrease of approximately $0.90 [7][8] - For Q4 2025, adjusted sales guidance has been revised from $10.1B - $10.3B to $9.8B - $10.0B, with adjusted EPS expectations adjusted from $2.52 - $2.62 to $2.48 - $2.58 [8][6] Litigation Matters - Honeywell is involved in ongoing settlement negotiations related to Flexjet litigation, expecting a one-time charge of approximately $310 million in Q4 2025, which will not affect non-GAAP financial metrics [3][10] - Total cash payments related to potential settlements are anticipated to be around $470 million [3][10] Business Segment Structure - The new business segment structure will consist of four reportable segments: Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation, with the three automation segments further divided into two business units each [5][4] Historical Financial Information - Supplemental financial information has been provided to align with the new business segment structure, including the historical performance of the Advanced Materials business unit now classified as discontinued operations [4][6]

Core Insights - Track Group, Inc. reported a total revenue of $35.2 million for FY25, reflecting a decrease of approximately 5.0% compared to FY24 revenue of $36.9 million [1][6] - The company achieved an operating income of $1.2 million in FY25, a significant improvement from an operating loss of $1.9 million in FY24 [1][6] - The net loss attributable to common shareholders decreased to $1.9 million in FY25 from $3.1 million in FY24, indicating improved financial performance [1][6] Financial Highlights - Total revenue for FY25 was $35.2 million, down from $36.9 million in FY24, primarily due to a reduction in monitoring assignments in Virginia and Washington D.C., and the sale of the Chilean subsidiary [6] - Gross profit increased to $17.5 million in FY25, up approximately 2% from $17.2 million in FY24, driven by lower monitoring center and communication costs [6] - Adjusted EBITDA for FY25 was $5.8 million, an increase from $5.4 million in FY24, with the adjusted EBITDA margin rising to 16.4% from 14.6% [6][18] Business Outlook - The company anticipates revenue growth in FY26, projecting revenue between $38 million and $39 million, supported by recent contract wins and a solid pipeline [2][4] - The strategic focus on reinvestment and program expansion is expected to drive continued improvements in gross profit and operating income [4] - The preliminary outlook for FY26 includes an expected adjusted EBITDA margin of 18% to 19% [4]

Financial Performance Highlights - Achieved a record full year Adjusted Net Income of $3.1 billion[11], significantly outperforming initial guidance due to strong demand and effective cost management[1]. - Adjusted Earnings Per Share (Diluted) reached $2.25, exceeding the December guidance by approximately $0.55[13]. - Adjusted EBITDA for the full year reached $7.2 billion, surpassing the December guidance by approximately $600 million[13]. - Adjusted ROIC exceeded 13%, the highest in nearly 20 years[11]. - Reduced total debt by over $10 billion since early 2023[45]. Q4 2025 Performance - Q4 2025 Adjusted Net Income was $0.45 billion, nearly 2.5 times the levels of Q4 2024[12]. - Q4 2025 Adjusted EBITDA reached $1.48 billion, exceeding guidance of $1.34 billion[12]. - Net yields outperformed guidance by 110 basis points, reaching 5.4% compared to the guided 4.3%[12]. 2026 Outlook - The company projects Net Debt to Adjusted EBITDA ratio of under 3.0x for 2026, inclusive of over $0.8 billion of dividend payments[49]. - Expects Adjusted Net Income of approximately $3.45 billion and Adjusted Earnings Per Share (Diluted) of $2.48 for FY 2026[14]. - Anticipates Adjusted EBITDA of approximately $7.63 billion for FY 2026[14]. Strategic Initiatives - Reinstated dividend payments at an initial rate of $0.15 per share[1]. - Successfully completed a refinancing plan, refinancing $19 billion of debt in 2025[45]. - Simplified capital structure and optimized future debt maturities[46].