Accessibility StatementSkip Navigation PITTSBURGH, Oct. 15, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its first quarter fiscal year 2026 earnings call on Wednesday, November 5, 2025. The press release and presentation will be available on the Company's website before market on November 5. Details of the conference call and webcast are as follows: Kennametal Recognized Among Top of Caterpillar's Indirect Suppliers for Second Consecutive Year Kennametal Inc. (NYSE: KMT) announced today tha ...

Core Insights - Kennametal Inc. has been recognized in TIME's list of World's Best Companies 2025, highlighting its commitment to employee satisfaction and sustainability practices [1][2] - The company's President and CEO, Sanjay Chowbey, emphasized the importance of innovation and continuous improvement in driving success and sustainable growth [2] - Kennametal was also included in TIME's America's Best Midsize Companies 2025 list, reflecting its ongoing progress and adherence to core values [2] Company Overview - Kennametal has over 85 years of experience as an industrial technology leader, providing productivity solutions through materials science and tooling [3] - The company serves various sectors including aerospace, defense, energy, and transportation, with approximately 8,100 employees operating in nearly 100 countries [3] - In fiscal 2025, Kennametal generated revenues of $2 billion [3]

Group 1 - Kennametal Inc. will host its fourth quarter and fiscal 2025 earnings call on August 6, 2025, at 9:30 am ET [1] - The earnings call will be led by Sanjay Chowbey, President and CEO, and Patrick Watson, Vice President and CFO [1] - The press release and presentation will be available on the company's website before the market opens on August 6 [1] Group 2 - Kennametal has over 85 years of experience as an industrial technology leader, focusing on materials science, tooling, and wear-resistant solutions [2] - The company serves customers in various sectors, including aerospace and defense, earthworks, energy, general engineering, and transportation [2] - Kennametal generated $2 billion in revenues in fiscal 2024, with approximately 8,400 employees supporting customers in nearly 100 countries [2]

Core Insights - Kennametal Inc. has been recognized as one of America's Best Midsize Companies for 2025 by TIME and Statista, highlighting its leadership in employee satisfaction and sustainability transparency [1][2] - The recognition reflects Kennametal's commitment to sustainable growth, an engaged workforce, and long-term value creation for stakeholders [2] - This accolade follows Kennametal's inclusion in TIME's World's Best Companies 2024 list, reinforcing its strong performance and values-driven culture [2] Company Overview - Kennametal has over 85 years of experience as an industrial technology leader, providing productivity solutions through materials science, tooling, and wear-resistant solutions [3] - The company serves various sectors including aerospace and defense, earthworks, energy, general engineering, and transportation, helping customers manufacture with precision and efficiency [3] - Kennametal employs approximately 8,400 individuals across nearly 100 countries and generated $2 billion in revenues in fiscal 2024 [3]

Core Viewpoint - Kennametal Inc. has completed the sale of its Goshen, IN business, which is a strategic move aimed at improving sales mix, reducing material cost volatility, and focusing on long-term priorities to enhance stakeholder value [1][2]. Financial Summary - The company received $19 million from the transaction, resulting in an immaterial pre-tax loss. The proceeds are subject to customary post-closing adjustments and an EBITDA-based earn-out opportunity after three years [2]. - The proceeds from the sale are expected to be used for general corporate purposes [2]. Business Impact - The Goshen subsidiary, Kennametal Stellite, L.P., serves the surface coating and welding products markets and represents less than 2% of Kennametal's total sales, making it immaterial to the company's overall profitability [3]. Company Overview - Kennametal Inc. has over 85 years of experience as an industrial technology leader, providing productivity solutions through materials science and tooling [4]. - The company generated $2 billion in revenues in fiscal 2024 and employs approximately 8,400 people across nearly 100 countries [4].

Company Overview - Kennametal Inc. is an industrial technology leader with over 85 years of experience, focusing on materials science, tooling, and wear-resistant solutions [1] - The company serves various sectors including aerospace and defense, earthworks, energy, general engineering, and transportation, helping customers manufacture with precision and efficiency [1] - Kennametal employs approximately 8,400 individuals across nearly 100 countries [1] Financial Performance - In fiscal 2024, Kennametal generated revenues of $2 billion [1] Upcoming Events - Kennametal will attend the KeyBanc Capital Markets Industrials & Basic Materials Conference in Boston, MA on May 28, 2025 [1] - Key attendees from Kennametal include Patrick Watson (Vice President and CFO), Michael Pici (Vice President, Investor Relations), and John Witt (Vice President Finance and Corporate Controller) [1]

Core Insights - Kennametal Inc. reported a decrease in sales for the third quarter of fiscal 2025, with sales of $486 million, down 6% from $516 million in the prior year quarter, while earnings per diluted share (EPS) increased to $0.41 from $0.24 [1][3][9] Financial Performance - The company achieved an adjusted EPS of $0.47, compared to $0.30 in the prior year quarter, driven by an advanced manufacturing production credit under the Inflation Reduction Act [1][5][9] - Operating income rose to $44 million, representing a 9.1% margin, compared to $35 million and a 6.8% margin in the prior year quarter [5][20] - Year-to-date net cash flow from operating activities was $130 million, down from $163 million in the prior year period, primarily due to working capital changes [7][31] Segment Performance - Metal Cutting sales decreased by 7% to $304 million, with an organic sales decline of 4% and an unfavorable currency exchange effect of 3% [12][33] - Infrastructure sales fell by 4% to $182 million, reflecting an organic sales decline of 2% and an unfavorable currency exchange effect of 2% [13][33] Cost Management and Restructuring - The company achieved restructuring savings of approximately $6 million year-over-year, with expected annualized pre-tax savings of about $15 million by the end of fiscal 2025 [4][5] - Pre-tax charges related to restructuring actions are expected to total approximately $25 million, with $6 million recognized during the quarter [4] Shareholder Returns - Kennametal returned approximately $40 million to shareholders during the quarter, including $25 million in share repurchases and $15 million in dividends [9][10] - The company declared a quarterly cash dividend of $0.20 per share, payable on May 27, 2025 [14] Outlook - The company expects full fiscal year 2025 sales to be between $1.970 billion and $1.990 billion, with adjusted EPS projected between $1.30 and $1.45 [17][11] - Pricing actions are anticipated to cover raw material costs, wages, and general inflation [17]