Reported results
- Third quarter 2026 GAAP net sales were $366.7 million, up 0.6% year-over-year.
- Non-GAAP currency-neutral net sales were $366.0 million, up 0.4% year-over-year.
- GAAP earnings per diluted share were $0.67, a 14.1% decrease year-over-year.
- Adjusted earnings per diluted share (non-GAAP) were $0.68, an 11.5% increase year-over-year.
- GAAP net income was $39.2 million, a 15.0% decrease compared to $46.1 million in the third quarter of 2025.
- Adjusted EBITDA (non-GAAP) was $69.3 million, up 4.7% compared to $66.2 million in the prior-year period.
Guidance
- Full fiscal year 2026 net sales expected to be $1.440 to $1.455 billion.
- Full fiscal year 2026 adjusted gross profit margin expected to be 40.4% of net sales.
- Full fiscal year 2026 adjusted SG&A expenses expected to be $387 million.
- Full fiscal year 2026 adjusted interest & other expenses expected to be $14 million.
- Full fiscal year 2026 adjusted effective income tax rate expected to be 25.0%.
- Full fiscal year 2026 capital expenditures expected to be $60 million.
- Full fiscal year 2026 fully diluted weighted average share count expected to be 58.5 million shares.
Price and volatility reaction
The stock moved -18.7% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 37.82 | 2026-11-05 |
| Close after release | 30.74 | 2026-11-06 |
| Realised move | -18.7% | close to close |
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.
