SHARPE
Reported results
- Net sales of $499.1 million for the third quarter of 2026 compared to $485.3 million in the prior year quarter
- Net income of $14.7 million for the third quarter of 2026 compared to $23.8 million in the prior year quarter
- Diluted earnings per share (EPS) of $0.75 compared to $1.17 in the prior year quarter
- Adjusted EPS (non-GAAP) of $0.77 compared to $1.21 in the prior year quarter
- Adjusted EBITDA (non-GAAP) of $58.0 million compared to $70.9 million in the prior year quarter
- Record year-to-date operating cash flow of $126.9 million for the nine months ended September 30, 2026, compared to $77.4 million in the prior year period
Guidance
- For full year 2026, Net sales current forecast is ~$1.9B
- For full year 2026, Adjusted EBITDA forecast is $220 - $225M
- For full year 2026, Effective tax rate on adjusted net income forecast is 31 percent
- For full year 2026, Adjusted EPS forecast is $3.10 - $3.25
- For full year 2026, Operating cash flow forecast is $165 - $185M
- For full year 2026, Capital expenditures forecast is $50M
- For full year 2026, Free cash flow forecast is $115 - $135M
Price and volatility reaction
The stock moved -24.4% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -18.9 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 39.64 | 2026-11-05 |
| Close after release | 29.97 | 2026-11-06 |
| Realised move | -24.4% | close to close |
| 30d ATM IV change | -18.9 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.