08:20 AM EDT, 10/29/2025 (MT Newswires) -- Gates Industrial ( GTES ) reported fiscal Q3 adjusted net income Wednesday of $0.39 per diluted share, up from $0.33 a year earlier.

Analysts polled by FactSet expected $0.37.

Net sales for the quarter ended Sept. 27 were $855.7 million, compared with $830.7 million a year earlier.

Analysts surveyed by FactSet expected $861.4 million.

For fiscal 2025, the company said it now expects adjusted EPS of $1.48 to $1.52, compared with its prior outlook of $1.44 to $1.52. Analysts surveyed by FactSet expect $1.50.

Shares of the company were down more than 1% in recent premarket activity Wednesday.