SHARPE
Reported results
- Third quarter 2026 net sales were $2.04 billion, compared to $2.01 billion in the third quarter of 2025.
- Third quarter 2026 net income was $105.0 million, or $0.99 per diluted share, compared to $113.3 million, or $1.06 per diluted share, in the third quarter of 2025.
- Non-GAAP adjusted net income per diluted share was $1.31 for the third quarter of 2026, compared to $1.22 for the third quarter of 2025.
- Income before interest and income taxes (EBIT) was $191.7 million for the third quarter of 2026, compared to $198.7 million for the prior year period.
- Non-GAAP Total Adjusted EBIT for the third quarter of 2026 was $235.0 million, compared to $221.4 million in the third quarter of 2025.
Guidance
- Revised full year 2026 non-GAAP adjusted net income per diluted share estimate to a range of $3.83 to $3.93 from a previous range of $3.73 to $3.93.
- Confirmed full year 2026 free cash flow estimate of approximately $450 million.
- Expected full year 2026 capital expenditures of approximately $310 million.
- Provided fourth quarter 2026 non-GAAP adjusted net income per diluted share estimate in the range of $0.76 to $0.86.
Price and volatility reaction
The stock moved +2.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -0.3 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 39.49 | 2026-10-29 |
| Close after release | 40.51 | 2026-10-30 |
| Realised move | +2.6% | close to close |
| 30d ATM IV change | -0.3 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 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.