CHARLOTTE, N.C., Feb. 9, 2026 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2026 third quarter, which ended December 31, 2025. Third Quarter 2026 Highlights (compared with prior-year period, except where otherwise noted) "Our team delivered double-digit sales, order and EPS growth in the quarter, ahea ...

Core Viewpoint - Advanced Drainage Systems (WMS) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Ratings - The Zacks rating system is based solely on changes in a company's earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for Advanced Drainage reflects an optimistic earnings outlook, likely to positively affect its stock price [3][5]. Impact of Earnings Estimate Revisions - Changes in future earnings potential, as shown by earnings estimate revisions, are strongly correlated with near-term stock price movements [4][6]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, influencing their buying and selling decisions, which in turn affects stock prices [4]. Company Performance Indicators - For the fiscal year ending March 2026, Advanced Drainage is expected to earn $6.03 per share, unchanged from the previous year, with a 0.9% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rating System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade to Zacks Rank 2 places Advanced Drainage in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [10].

Core Insights - Fastenal Company is evolving its partnership with RFK Racing by focusing on the Body Guard brand, which will now feature prominently on racing cars and team gear, replacing the previous Fastenal blue paint scheme with a new black and orange design [1] - The Body Guard brand has shifted its messaging from "engineered for survival" to "engineered for safety," emphasizing high-quality safety solutions that meet or exceed market standards [1] - RFK Racing has a long-standing relationship with Fastenal, and the partnership will continue to highlight the importance of safety in various industries through this branding initiative [1] Company Overview - Fastenal operates approximately 1,600 branch locations across 25 countries, providing a wide range of industrial and construction supplies, including fasteners and safety products [1] - The company employs a "high-touch, high-tech" approach to reduce costs and risks in global supply chains, reflecting its commitment to innovation [1] - Fastenal has been a consistent player in the market since it began paying dividends in 1991, transitioning to quarterly dividends in 2011 [2] RFK Racing Overview - RFK Racing is entering its 39th season in 2026, with a notable ownership structure that includes NASCAR Champion Brad Keselowski and Fenway Sports Group owner John Henry [1] - The team has a rich history, having achieved over 300 wins and eight championships, making it one of the most successful racing operations globally [1] - RFK Racing is recognized for its innovative marketing solutions, producing award-winning social media and digital content campaigns [1]

Core Insights - U.S. sustainability policy is evolving, yet manufacturers are leveraging domestic production to achieve climate, governance, and workforce improvements [1] Group 1: Investment Trends - The reshoring movement has led to significant investments, with Apple committing over $500 billion to U.S. operations in the next four years and Johnson & Johnson planning to invest $55 billion in domestic production by 2029 [2] - Manufacturers are reassessing reshoring's potential for resilience and sustainability gains due to new tariffs affecting production costs [3] Group 2: Supply Chain and Operational Strategy - Supply chain disruptions from COVID-19 highlighted vulnerabilities, prompting companies like Caterpillar to prioritize reshoring while balancing sustainability and production costs [4] - Ahuja from Caterpillar noted that 70% of their dependency was on a single region, leading to efforts to mitigate single-country risks through optimization programs [5] Group 3: Decision-Making Factors - According to the 2025 Reshoring Survey Report, long-term sustainability and short- to medium-term profitability are primary factors influencing reshoring decisions, while environmental, social, and governance factors are less prioritized [6] - Companies are considering the reduction of supply chain and geographic risks as key opportunities for reshoring, alongside improved visibility into worker safety and regulatory compliance [6] Group 4: Success Metrics - Success metrics for reshoring may include reductions in scope 3 emissions, waste, water usage, and energy management, as well as improvements in job safety, job creation, sourcing, and traceability [7]

近日，硅谷知名创业孵化器 Y Combinator 发布了 2026 年春季创业赛道指南（RFS）。作为全球最具影响力的创业加速器，这一传统旨在让创业者窥见 YC 希望他们解决的下一代问题。 RFS 的传统可以追溯到 2008 年左右。每年 RFS 的变化都预示着风口，很多想法直接来自 YC 内部合伙人或创始人的一线观察。比如 2021 年全是 Web3 和远程协作，2023 年是生成式 AI。 像 Cursor 和Claude Code这样的工具，在目标明确的情况下，能极大地提升构建软件的效率。但在现实的商业世界里，最难的其实不是怎么把东西造出 来，而是搞清楚到底该造什么。很多公司折腾了半年，最后发现做出的功能根本没人用，这才是最大的浪费。 长期以来，决定做什么这件事一直高度依赖产品经理（PM）的大脑。PM 需要从成百上千小时的用户访谈录音、乱七八糟的后台数据和堆积如山的市场 反馈中，像大海捞针一样找出用户的真实痛点。然后，他们得熬夜写出长达几十页的产品需求文档，再拆成一个个任务丢给程序员。 YC 认为，这种方式现在已经过时了。 他们提出要做一个"产品管理领域的 Cursor"。用户上传客户访谈记录和产品使 ...

If you're mostly just importing without exporting, you're just accumulating trade deficits. It's not obvious where all those people are supposed to go. There's not a new set of activities opening up simultaneously.It was quite a challenge for the United States. We didn't manage it particularly well. And I think it's actually in many ways more challenging now than it was 20 years ago because China has moved so far up the value chain.When the China shock hit the United States in 2000, China was not exporting ...

Financial Data and Key Metrics Changes - Revenue increased by 21% to $56.7 million, driven by strong performance across end markets [4][15] - Adjusted EBITDA rose by 50% to $6 million, with an adjusted EBITDA margin of 10.7% [4][18] - Net income for the quarter was $0.25 per diluted share, and adjusted net income was $0.31 per diluted share [18] - Gross profit increased by 15% to $13.5 million, with a gross margin of 23.8% [16] Business Line Data and Key Metrics Changes - Sales to the defense market increased by $8.3 million, driven by project milestones and growth in existing programs [15] - Sales to the energy and process market increased by $2.1 million, or 13%, reflecting strength in aftermarket sales [15] - Aftermarket sales to energy and process and defense markets were $10.8 million, up 11% year-over-year [16] Market Data and Key Metrics Changes - Book-to-bill ratio was 1.3 times, with backlog reaching a record $515.6 million, up 34% year-over-year [5][20] - Approximately 85% of backlog is attributable to the defense market, providing stability [20] - The company expects 35%-40% of backlog to convert to revenue over the next 12 months [20] Company Strategy and Development Direction - The acquisition of XDot Bearing Technologies enhances competitive positioning in high-speed rotating machinery [6] - FlackTek acquisition adds a third core technology platform, aligning with long-term goals of 50% defense and 50% commercial revenue mix [7][8] - The company is focused on disciplined investments to expand capabilities and deepen customer relationships [14] Management's Comments on Operating Environment and Future Outlook - Management noted strong demand across core end markets, despite some slowing in large CapEx purchases due to macroeconomic factors [13][14] - The company remains confident in achieving long-term objectives of 8%-10% organic revenue growth and low to mid-teen adjusted EBITDA margins by fiscal 2027 [24] - Management emphasized the importance of disciplined execution and ongoing investments for future growth [14] Other Important Information - The company completed significant facility expansions, including a new Navy manufacturing facility and renovations in Colorado [12][13] - The company has a strong cash position of $22.3 million and robust operating cash flow of $4.8 million [21][22] - Tariff impacts are estimated to be between $1 million and $1.5 million for the full year, with minimal impact in the third quarter [17] Q&A Session Summary Question: Demand in defense and CapEx plans - Management indicated that the defense platform remains healthy, with ongoing investments to increase capacity and efficiency [27][28] Question: M&A strategy and future acquisitions - Management stated that while FlackTek adds a third platform, future focus will be on investing in existing platforms before considering new acquisitions [29][30] Question: Pursuing new work from the Navy - Management highlighted the applicability of core competencies in pursuing new opportunities within the Navy [31][33] Question: Growth in existing defense programs - Management confirmed that they are winning additional scope on current projects, leading to increased opportunities [37][38] Question: Book-to-bill ratio outlook - Management reaffirmed that the long-term target for book-to-bill ratio remains at 1.1, despite current performance exceeding that [40][42] Question: Material receipts impact on gross margin - Management explained that material receipts are lumpy and expected to normalize in future quarters [63][64] Question: Testing facilities activity - Management reported that the testing facilities are currently booked for specific production programs, with ongoing discussions for future opportunities [75][76]

Financial Data and Key Metrics Changes - Revenue increased by 21% to $56.7 million, driven by strong performance across end markets [4][15] - Adjusted EBITDA rose by 50% to $6 million, with an adjusted EBITDA margin of 10.7% [4][16] - Net income for the quarter was $0.25 per diluted share, and adjusted net income was $0.31 per diluted share [16][18] - Gross profit increased by 15% to $13.5 million, with a gross margin of 23.8% [16] Business Line Data and Key Metrics Changes - Sales to the defense market increased by $8.3 million, driven by project milestones and growth in existing programs [15] - Sales to the energy and process market increased by $2.1 million, or 13%, reflecting strength in aftermarket sales [15] - Aftermarket sales to energy and process and defense markets were $10.8 million, up 11% year-over-year [16] Market Data and Key Metrics Changes - Book-to-bill ratio was 1.3 times, with backlog increasing to a record $515.6 million, up 34% year-over-year [5][19] - Approximately 85% of backlog is attributable to the defense market, providing stability [19] - The company expects 35%-40% of backlog to convert to revenue over the next 12 months [19] Company Strategy and Development Direction - The company completed the acquisition of XDot Bearing Technologies, enhancing its competitive position in high-speed rotating machinery [5] - The acquisition of FlackTek for $35 million adds advanced materials and processing as a third core technology platform [7][10] - Investments in capacity expansion and technology are ongoing, with a focus on efficiency and scalability [12][14] Management's Comments on Operating Environment and Future Outlook - Management noted strong demand in defense and energy markets, despite some slowing in large CapEx purchases due to macroeconomic factors [13][14] - The company remains confident in achieving long-term objectives of 8%-10% organic revenue growth and low to mid-teen adjusted EBITDA margins by fiscal 2027 [23] - Management emphasized disciplined execution and the importance of ongoing investments to support future growth [14][15] Other Important Information - The company ended the quarter with $22.3 million in cash and strong operating cash flow of $4.8 million [20][21] - Capital expenditures totaled $2.8 million during the quarter, supporting capacity expansion initiatives [20] Q&A Session Summary Question: Demand in defense and CapEx plans - Management indicated that defense demand remains healthy, with ongoing investments to increase capacity and efficiency [27][29] Question: M&A strategy and future acquisitions - Management stated that while FlackTek adds a third platform, future focus will be on investing in existing platforms before considering new acquisitions [30][31] Question: Pursuing new work from the Navy - Management highlighted the applicability of their core competencies in pursuing new opportunities within Navy programs [33][34] Question: Growth in existing defense programs - Management confirmed that they are winning additional scope on current projects, leading to more opportunities [39][40] Question: Book-to-bill ratio outlook - Management reaffirmed that the long-term target for book-to-bill is 1.1, despite current performance exceeding that target [43][44] Question: Material receipts impact on gross margin - Management explained that material receipts are lumpy and expected to normalize in future quarters [65][66] Question: Testing facilities activity - Management reported that testing facilities are currently focused on existing backlog products, with healthy pipeline opportunities [75][76]

It’s incredibly difficult to convince investors to treat a legacy manufacturer like a software company. But maybe that’s not such a bad thing: Those industrial roots also serve as high barriers to entry. https://t.co/EjyKyrwg8Z ...

When I think of Thailand, I think of a place where modernity exists alongside tradition. But behind that postcard image of a paradise is another reality. Instability, volatility, uncertainty.And in recent years, economic lethargy. There’s not a lot of innovation in the economy. Thailand’s GDP growth has been about 2% for a while now, while neighbouring countries or peer economies are growing rapidly.Foreign investors have taken note. Or, more specifically, they’ve taken their money. Thailand looking to cut ...