STANDEX REPORTS FISCAL FIRST QUARTER 2027 FINANCIAL RESULTS
Key Highlights
- ➤Sales $232.6 million, up 12.4% year over year organically
- ➤Adjusted EPS $2.41, up 21.1% year over year
- ➤FY27 sales outlook raised to high-single-digit growth from mid-to-high single digits
- ➤Order intake reached approximately $273 million, with 1.17 book-to-bill
- ➤Electronics organic sales growth reached 29.5% year over year
Expert Statements
David Dunbar, President and Chief Executive Officer of Standex International Corporation
“We are off to a strong start to fiscal 2027. Our strategy with multiple independent growth drivers is accelerating growth and expanding margins. We delivered record sales of $232.6 million, driven by 12.4% organic growth. Strong end market demand driven by electrification, data center and defense needs, new products from our ongoing growth investments, and a recovery in general industrial market contributed to this growth. Our Electronics segment led the way with approximately 30% organic growth and a book-to-bill of 1.23. Sales from fast growth markets were approximately $78 million this quarter, and we are now on track to exceed $315 million in fiscal year 2027. Adjusted operating margin rose 110 basis points year over year to 20.2% with margin expansion across each of our segments. We ended the quarter with net leverage of 2.0x, providing flexibility to continue investing for future growth. Considering first quarter results and our expanding backlog, we are raising our fiscal year 2027 outlook based on multiple growth engines.”
STANDEX REPORTS FISCAL FIRST QUARTER 2027 FINANCIAL RESULTS PR Newswire
* Record Sales of $232.6 Million, Up 12.4% YOY Organically; Electronics Up 29.5% YOY Organically * New Product Sales Grew 56% and Sales into Fast Growth Markets Grew 25% * Record Order Intake of ~$273 Million; Book to Bill of 1.17 * Record GAAP and Adjusted Gross Margin of 44.4%, Up 240 bps YOY on Adj. Basis * GAAP Operating Margin of 17.4%; Adjusted Operating Margin of 20.2%, Up 110 bps YOY * Raising FY27 Outlook; Organic Sales to Increase >$100 Million and Adjusted Earnings per Share to Grow High Teens * Announced New $100 Million Share Repurchase Authorization Supported by Strong Balance Sheet and Liquidity Position SALEM, N.H., Oct. 29, 2026 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today reported financial results for the first quarter of fiscal year 2027 ended September 30, 2026.
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