Overview

* Brady fiscal Q1 sales rise 7.5%, beating analyst expectations

* Adjusted EPS for fiscal Q1 beats analyst expectations, rising 8% yr/yr

* Company raises low end of full-year adjusted EPS guidance

Outlook

* Brady raises low end of fiscal 2026 Adjusted Diluted EPS guidance to $4.90-$5.15

* Brady updates fiscal 2026 GAAP EPS guidance to $4.57-$4.82 due to amortization

* Fiscal 2026 guidance assumes 21% tax rate and $40 mln capital expenditures

Result Drivers

* ORGANIC SALES GROWTH - Brady attributes Q1 sales increase to organic growth, particularly in the Americas & Asia region

* ACQUISITIONS - Acquisition of Mecco boosts sales, complements previous acquisition of Gravotech

* FOREIGN CURRENCY IMPACT - Foreign currency translation contributed 1.5% to sales growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Sales Beat $405.29 $393.65

mln mln (2

Analysts

)

Q1 Beat $1.21 $1.18 (2

Adjusted Analysts

EPS )

Q1 EPS $1.13

Q1 Net $53.94

Income mln

Q1 Slight $67.97 $68.20

Operatin Miss* mln mln (1

g Income Analyst)

Q1 Miss $68.48 $69.20

Pretax mln mln (1

Profit Analyst)

Q1 $140.86

Operatin mln

g

Expenses

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the business support supplies peer group is "buy."

* Wall Street's median 12-month price target for Brady Corp ( BRC ) is $95.00, about 21.2% above its November 14 closing price of $74.88

* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

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(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.)