Earnings Feed

8.7% total revenue growth, 7.8% organic growth

First quarter total revenue grew 8.7% to $2.72 billion, with organic growth at 7.8%, right where management likes to be.

19.1% EBITDA margin, up 110 basis points year on year

Margin expansion achieved through pricing, raw material cost actions, acquisitions, and cost reductions despite 1.9% volume decline.

18.9%

Adjusted housing gross profit margin exceeded the high end of guidance, driven by strong cost management despite pricing pressure and higher land costs.

$304 million in Q1 sales

Sales increased 18% year-over-year, including $21 million from the Elgen acquisition, despite macroeconomic headwinds.

17% organic adjusted sales growth

We delivered significant top-line growth with higher profitability, driving 17% organic adjusted sales growth in the quarter.

17.5%

Sales incentives rose to 14.3%, reducing gross margin to 17.5%, which was lower than expected on a lower-than-expected average sales price.

Declined by over $70 million; margin contracted 250 basis points

Despite industry challenges, FedEx Freight's adjusted operating income declined significantly, reflecting ongoing pressure from the weak industrial economy and excess truckload capacity.

13.4% adjusted EBITDA margin, up 370 basis points

Specialty Vehicles adjusted EBITDA margins increased significantly due to higher unit sales, favorable mix, and price realization despite inflationary pressures.

44% increase to $98.1 million

Europe segment sales increased 44% driven by Romania and EU stimulus programs, reversing prior year losses.

Shipments increased over 35% year-over-year

Handgun shipments into the sporting goods channel increased just over 35% year on year versus NICS being down 2.4%.

$35.3 million

Record net income of $35.3 million or $2.50 per diluted share, up significantly from $18.2 million last year.

$3.7 billion

Fiscal 2025 sales grew to an all-time high of $3.7 billion with growth across all segments.

Down low double digits

Residential lot development slowed significantly in Q2, especially in Sunbelt markets, due to higher interest rates and affordability concerns.

$80.4 million adjusted profit in Q2 2025

Adjusted profit increased by $40 million compared with the previous quarter, primarily due to higher TCE earnings.

19% year-over-year fee revenue growth

EMEA fee revenue was strong, growing 19% year-over-year, with growth in all solutions.

21.3% operating margin, up 250 basis points

Professional segment earnings margin increased from 18.8% to 21.3% year-over-year driven by productivity, pricing, and cost reductions.

$171 million

Free cash flow rose by almost 400% to $171 million in the quarter, demonstrating resilience despite macroeconomic challenges.

$302.3 million

Resulted from resegmentation and lower market capitalization at trigger date, not related to operational performance.

$454.7 million

Achieved another record first quarter with revenue of nearly $455 million, a 140% increase over prior year as reported.

$150 million in Q3 free cash flow

Free cash flow was $150 million, an improvement of $135 million over Q2 and up $86 million over prior year, driven by disciplined cash collection and reduced days sales outstanding.