2026-03-26 12:27:00
H.B. Fuller Reports First Quarter 2026 Results with Adjusted EPS of $0.57, Up 6% Year-on-Year
Expected Stock impact: Slightly Positive
H.B. Fuller Company (NYSE: FUL) announced its financial results for the first quarter ended February 28, 2026, revealing a reported EPS (diluted) of $0.38 and an adjusted EPS (diluted) of $0.57, marking a 6% increase year-on-year. The company reported a net income of $21 million and an adjusted EBITDA of $119 million, which is a 4% increase compared to the previous year. The adjusted EBITDA margin improved to 15.4%, reflecting a 90 basis point increase year-on-year. Despite a net revenue of $771 million, which represents a 2.3% decline compared to the same quarter last year, the company noted that organic revenue was down 6.6% year-on-year. The decline in organic revenue was attributed to lower volumes, although pricing actions and foreign currency translation positively impacted net revenue. H.B. Fuller has updated its financial guidance for fiscal 2026, now expecting net revenue to increase by mid-single digits and adjusted EBITDA to be in the range of $645 million to $675 million. The company is also anticipating an adjusted EPS (diluted) in the range of $4.55 to $4.90. The results reflect the company's ongoing efforts to manage costs and improve operational efficiency in a challenging economic environment. H.B. Fuller will hold a conference call on March 26, 2026, to discuss these results further.
