SHARPE
Reported results
- Total net sales increased 10.8% to $2,350.8 million as compared to $2,122.6 million in the third quarter of 2025.
- Net income decreased 7.8% to $163.5 million as compared to $177.4 million in the third quarter of 2025.
- Adjusted net income (a non-GAAP financial measure) increased 13.7% to $228.9 million as compared to $201.4 million in the third quarter of 2025.
- Diluted GAAP EPS decreased 10.8% to $0.74 as compared to $0.83 in the third quarter of 2025.
- Adjusted EPS (a non-GAAP financial measure) increased 9.5% to $1.04 as compared to $0.95 in the third quarter of 2025.
- Operating income decreased 5.5% to $297.4 million as compared to $314.7 million in the third quarter of 2025.
Guidance
- For the full year 2026, the Company revised its expectations for adjusted EPS (a non-GAAP financial measure) to a range of $2.85 to $2.95.
Notes
On August 26, 2026, the Company completed its acquisition of Leggett & Platt, Incorporated, and third quarter 2026 financials include Leggett & Platt’s operations for the stub period from August 26, 2026 through September 30, 2026.
Price and volatility reaction
The stock moved +3.3% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 64.17 | 2026-11-06 |
| Close after release | 66.27 | 2026-11-09 |
| Realised move | +3.3% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-09 (8-K, Item 2.02). Read the original filing on sec.gov.