Dafinchi AI

ACCO Brands Corporation

ACCO

Industrial

1w

Financial Performance Summary

Adjusted operating income for the second quarter was $47 million versus $65 million a year ago, impacted by lower volumes and deleveraging SG&A costs.
Americas segment comparable sales declined 14%, with adjusted operating income margin at 17.4%, below last year due to tariffs and softer volumes.
Consolidated leverage ratio at quarter end was 4.3x, with approximately $200 million available for borrowing under revolver.
Gross profit for the second quarter was $130 million, a decrease of 15%, with margin contracting about 200 basis points to 32.9%.
International segment comparable sales declined 4%, an improvement from the first quarter, with adjusted operating income margin increasing to 8.5%.
Second quarter sales decreased 10% with a slightly favorable FX impact, reflecting a quickly changing U.S. marketplace due to tariff announcements.
Year-to-date adjusted free cash flow was an outflow of $24 million, including $17 million in cash proceeds from sale of two owned facilities.

Stoneridge, Inc.

SRI

Industrial

1w

Financial Performance Summary

Adjusted EBITDA was $4.6 million or 2% of sales, impacted by a $3.4 million nonoperating foreign currency expense.
Adjusted operating income was $400,000, with a 40 basis point improvement in adjusted operating margin relative to Q1.
Control Devices sales grew 1.9% to $71.2 million with improved adjusted operating income by 180 basis points.
Electronics sales were $149.6 million, with MirrorEye revenue growing 21% quarter-over-quarter.
Free cash flow improved by $5.9 million year-over-year to $7.6 million.
Net debt reduced by almost $20 million for compliance purposes following a $44 million tax-efficient cash repatriation.
Second quarter 2025 sales were $228 million, including a $3 million favorable foreign currency impact.
Stoneridge Brazil sales increased 6% to $15.3 million with improved operating profit by 230 basis points.

ManpowerGroup Inc.

MAN

Industrial

4w

Financial Performance Summary

Adjusted earnings per share decreased 43% year-over-year in constant currency to $0.78 on a diluted basis; reported EPS was a negative $1.44.
Americas segment revenue increased 2% year-over-year; U.S. revenue decreased 3% days adjusted.
Asia Pacific Middle East revenue increased 8% organically; Japan grew 7%.
Free cash flow was negative $207 million, impacted by timing and tax payments; expected to improve in second half of the year.
Gross profit margin was 16.9%, with a 30 basis point reduction due to staffing mix shifts.
Manpower brand grew 1% organically; Experis declined 9%; Talent Solutions grew 1%.
Net debt was $996 million with debt ratios reflecting 3.2x gross debt to trailing EBITDA and 39% debt to capitalization.
Northern Europe revenue declined 10% with restructuring charges impacting profitability.
Reported EBITDA margin was 1.6%, adjusted EBITDA margin was 2.0%.
Reported EBITDA was $72 million; adjusted EBITDA was $89 million, down 25% year-over-year in constant currency.
SG&A expenses as adjusted decreased 3% year-over-year on a constant currency basis.
Southern Europe revenue decreased 2% organically; France down 6%, Italy up 4%.
System-wide revenue was $4.9 billion, with reported revenue at $4.5 billion, down 3% year-over-year in constant currency.

Sylvamo Corporation

SLVM

Industrial

6d

Financial Performance Summary

Adjusted operating earnings were $0.37 per share, and free cash flow was negative $2 million, reflecting lower EBITDA and higher capital spending compared to the prior year.
Foreign exchange headwinds negatively impacted results by $13 million.
Operational improvements and cost savings totaled $23 million, including $18 million from better performance in North America and Europe and $18 million from green energy credits and lower overhead.
Price and mix contributed a favorable $12 million, while volume decreased by $9 million, mainly due to operational challenges and lower production at IP's Riverdale mill.
Sylvamo reported adjusted EBITDA of $82 million for Q2 2025, with a margin of 10%, in line with expectations despite the largest planned maintenance outages in over five years costing nearly $70 million.

Taylor Morrison Home Corporation

TMHC

Industrial

3w

Financial Performance Summary

Closings volume increased 4% year-over-year, with spec sales penetration rising to 65% in Q2 from 58% in Q1 and 59% a year ago.
Delivered 3,340 homes at an average price of $589,000, generating $2 billion in home closings revenue with an adjusted home closings gross margin of 23%.
Financial services revenue increased to $53 million with a gross margin of 51.1%, up from $49 million and 42.5% a year ago.
Home closings gross margin was 22.3% in Q2; adjusted margin was 23%, in line with guidance.
Liquidity stood at approximately $1.1 billion with net homebuilding debt to capitalization ratio at 22.9%.
Reported net income of $194 million or $1.92 per diluted share, adjusted net income of $204 million or $2.02 per diluted share, both up year-over-year.
Repurchased 1.7 million shares for $100 million in Q2; targeting at least $350 million in total share repurchases for 2025.
SG&A expense ratio improved by 90 basis points year-over-year to 9.3% of home closings revenue.

Northrop Grumman Corporation

NOC

Industrial

3w

Financial Performance Summary

Earnings per share rose 28% year over year to $8.15, driven by higher sales, improved segment performance, and a $1.04 gain from the training services divestiture.
Free cash flow for the quarter was $637 million, with full-year guidance increased to $3.05 billion to $3.35 billion.
Northrop Grumman reported second-quarter 2025 sales of $10.4 billion, up 1% year over year and 9% sequentially from Q1, with all segments contributing to growth.
Organic sales were $10.3 billion, up 2% year over year, reflecting divestiture of training services.
Segment margins improved notably in Defense Systems (12.7%) and Mission Systems (14%), with Space Systems margin up 50 basis points despite lower sales volume.
Segment operating income increased 11% year over year, with a segment operating margin of 11.8%, up 100 basis points.