WOR

Industrial

Adjusted EBITDA rose 34% year-over-year to $65 million with a margin of 21.4%, up from 18.8%.
Building Products sales surged 32% to $185 million, driven by volume growth and Elgen contribution.
Consumer Products sales grew 1% to $119 million but adjusted EBITDA declined due to tariffs and lower volumes.
Free cash flow was $28 million for the quarter, with a 94% free cash flow conversion rate on adjusted net earnings over trailing 12 months.
GAAP earnings per share were $0.70, up from $0.48, with adjusted EPS at $0.74 excluding restructuring charges.
Gross margin expanded to 27.1% from 24.3% last year despite a $2.2 million purchase accounting charge.
Leverage remains low with net debt to trailing adjusted EBITDA ratio at approximately 0.5x.
Q1 sales increased 18% year-over-year to $304 million, including $21 million from Elgen acquisition.

LEN

Industrial

Average sales price for Q3 was $383,000, lower than expected.
Ended Q3 with $1.4 billion in cash and total liquidity of $5.1 billion.
Financial Services operating earnings were $177 million, driven by higher profit per loan.
Homebuilding debt to total capitalization was 13.5%, with no senior note redemptions this quarter.
Inventory turn improved to 1.9x, a 19% increase year-over-year.
Net margin for the quarter was 9.2%, with SG&A at 8.2%.
Repurchased 4.1 million shares for $507 million and paid $129 million in dividends.
Third quarter gross margin declined to 17.5% due to increased sales incentives of 14.3%.

CTAS

Industrial

Diluted EPS rose 9.1% to $1.20 compared to $1.10 last year.
Fire Protection Services grew 10.3% organically but faced margin pressure due to SAP implementation costs.
First Aid and Safety Services segment grew 14.1% organically, maintaining a strong gross margin of 56.8%.
First quarter total revenue grew 8.7% to $2.72 billion, with organic growth at 7.8%.
Gross margin improved 20 basis points to 50.3% overall, with segment-specific margins showing mixed results.
Operating income increased 10.1% to $617.9 million, with operating margin expanding 30 basis points to 22.7%.
Uniform Direct Sale declined 9.2% organically, representing 2.6% of total revenue.
Uniform Rental and Facility Services segment grew organically by 7.3% with a 40 basis point gross margin increase.

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