Standex Q1 FY27 GAAP diluted EPS jumps 60% year over year to $1.99
SXI•Standex’s FY27 first-quarter diluted EPS from continuing operations rose 60% year over year to $1.99, and net sales increased 7% to $232.6 million. Order intake reached approximately $273 million, and the company raised its FY27 net sales growth forecast to high single digits.
1. Quarterly results
Standex’s FY27 first-quarter diluted earnings per share from continuing operations rose 60% year over year to $1.99. Net sales increased 7% to $232.6 million, while order intake reached a record approximately $273 million.
2. Repurchase and outlook
The board authorized a new $100 million share repurchase program, replacing the prior authorization. Standex now forecasts FY27 net sales growth in the high single digits, up from its previous mid-to-high single-digit forecast.
