(Adds dropped words in third bullet of Outlook section)

Overview

* Northern Technologies International Corp ( NTIC ) Q3 net

sales

grow 4%, driven by ZERUST industrial demand

* Adjusted EPS for fiscal Q3 missed analyst expectations,

per LSEG

data

* Net income drops due to strategic investments and macro

challenges

Outlook

* Company expects ZERUST oil and gas sales to improve

sequentially in Q4 and fiscal 2026

* NTIC anticipates positive impact from European stimulus on

joint

venture income

* Company is positioned for growth and expects profitability

in

fiscal 2026 and beyond

* NTIC monitors Europe for economic recovery, especially in

Germany

Result Drivers

* ZERUST INDUSTRIAL DEMAND - Increased demand for ZERUST

industrial products drove a 7.1% rise in sales

* CHINA SALES GROWTH - NTIC China net sales surged 27.4%,

contributing positively to overall performance

* INVESTMENT IMPACT - Strategic investments in sales

infrastructure led to higher operating expenses, affecting net

income

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $0.02 $0.04 (1

Adjusted Analyst)

EPS

Q3 EPS $0.01

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the industrial

machinery & equipment peer group is "buy"

* Wall Street's median 12-month price target for Northern

Technologies International Corp ( NTIC ) is $13.00, about 37.5% above its

July 9 closing price of $8.13

* The stock recently traded at 39 times the next 12-month

earnings

vs. a P/E of 14 three months ago

Press Release:

(This story was created using Reuters automation and AI based

on LSEG and company data. It was checked and edited by a Reuters

journalist prior to publication.)