Burnham Holdings Q2 FY26 net sales rise 6.8% to $56.6 million; net income falls to $1.93 million - BURCA News | RalliesBurnham Holdings Q2 FY26 net sales rise 6.8% to $56.6 million; net income falls to $1.93 million
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BURCA• Quarterly results
- Burnham Holdings posted Q2 net income of $1.93 million; continuing-operations profit turned to $2.24 million, or $0.46 a share.
- Net sales rose 6.8% to $56.6 million; gross margin widened 1.5 percentage points to 23.1%.
- Operating income swung to $2.73 million as SG&A eased to 18.3% of net sales; adjusted EBITDA rose to $5.4 million.
Management commentary
- CEO Chris Drew highlighted demand for high-efficiency heating solutions.
Balance sheet and dividend
- Debt climbed to $18.8 million as of June 28, from $9.14 million a year earlier; management cited seasonal working-capital needs.
- The board declared a $0.23 quarterly dividend, payable Sept. 24.
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