08:27 AM EDT, 07/30/2025 (MT Newswires) -- Gates Industrial ( GTES ) reported Q2 adjusted net income Wednesday of $0.39 per diluted share, up from $0.36 a year earlier.

Analysts polled by FactSet expected $0.38.

Net sales for the quarter ended June 28 were $883.7 million, down from $885.5 million a year earlier.

Analysts surveyed by FactSet expected $875.4.

The company updated its 2025 adjusted EPS guidance to $1.44 to $1.52 from $1.36 to $1.52.

Analysts surveyed by FactSet expect $1.45.