Brady Corp Reports Strong Q3 Fiscal 2026 Results with Double-Digit Sales and EPS Growth, Details PSS Acquisition Costs

summarizeSummary

Brady Corp posted strong Q3 fiscal 2026 results with significant sales and EPS growth, while also detailing acquisition costs for the Honeywell PSS business and ongoing share repurchases.

check_boxKey Events

• Strong Q3 Fiscal 2026 Financial Performance

  Net sales increased 13.8% to $435.2 million, and diluted EPS rose 11.0% to $1.21 for the three months ended April 30, 2026, compared to the prior year.

• Solid Nine-Month Growth

  For the nine months ended April 30, 2026, net sales grew 9.7% to $1.22 billion, and diluted EPS increased 15.9% to $3.35.

• Honeywell PSS Acquisition Update

  The company incurred $13.5 million in acquisition-related costs during Q3 for the pending $1.4 billion acquisition of Honeywell's Productivity Solutions and Services business, expected to close in the second half of calendar year 2026.

• Share Repurchase Activity

  Brady Corp repurchased 63,323 shares of Class A Nonvoting Common Stock at an average price of $81.59 in April 2026, with $72.8 million remaining under the authorization.

auto_awesomeAnalysis

Brady Corp's Q3 fiscal 2026 report confirms robust financial performance, building on previous quarters. The company achieved double-digit growth in net sales and diluted EPS, driven by organic expansion and recent acquisitions. The filing also provides specific details on the $13.5 million in acquisition-related costs incurred during the quarter for the pending $1.4 billion Honeywell PSS business acquisition, which is a significant strategic move. Additionally, the company continued its share repurchase program, buying back over 63,000 shares in April.