ADS Q2 FY27 net income drops 30% to $110.1 million
WMS•ADS reported second-quarter FY27 net income fell 30% to $110.1 million and diluted EPS from continuing operations fell 11% year over year to $1.77. Net sales rose to $889.4 million, and the company expects FY27 net sales of $3.3 billion to $3.4 billion.
1. Quarterly results and outlook
ADS reported diluted EPS from continuing operations fell 11% year over year to $1.77, while net sales rose to $889.4 million. A larger-than-expected pull-forward into the first quarter affected second-quarter results. ADS now expects FY27 net sales of $3.3 billion to $3.4 billion, with softer demand contributing to the updated outlook.
2. Proposed acquisition
The proposed StormTrap acquisition would expand ADS’s portfolio of engineered stormwater solutions and create cross-selling opportunities.
