Overview

* Standex ( SXI ) fiscal Q1 sales rise 27.6% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EPS for fiscal Q1 beats consensus, reflecting pricing and productivity actions

* Company paid down ~$8 mln of debt, lowering net debt to EBITDA ratio to 2.4x

Outlook

* Standex ( SXI ) raises FY26 sales outlook to over $110 mln above FY25

* Company expects fast growth market sales to exceed $270 mln in FY26

* Standex ( SXI ) plans to release over 15 new products in FY26

Result Drivers

* NEW PRODUCTS - Sales from new products grew over 35%, contributing significantly to total sales

* FAST GROWTH MARKETS - Sales into fast growth markets, such as electrical grid and renewable energy, contributed ~30% of total sales

* ELECTRONICS SEGMENT - Electronics revenue increased 42.2% year-on-year, driven by acquisitions and pricing initiatives

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Sales Beat $217.40 $215.96

mln mln (5

Analysts

)

Q1 Beat $1.99 $1.90 (5

Adjusted Analysts

EPS )

Q1 EPS $1.25

Q1 $47.10

Adjusted mln

EBITDA

Q1 19.10%

Adjusted

EBIT

Margin

Q1 $41.60

Adjusted mln

Operatin

g Income

Q1 EBIT 13.60%

Margin

Q1 $29.60

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

* Wall Street's median 12-month price target for Standex International Corp ( SXI ) is $212.00, about 15.3% below its October 29 closing price of $244.43

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.)