Company Reports Q1 Revenue of $1.30B, Below Expectations
Reports Q1 revenue $1.30B, consensus $1.32B. "In Q1, we delivered results ahead of our expectations while navigating a highly dynamic operating environment," said CEO Greg Lehmkuhl. "We again saw core business trends align closely with typical seasonal patterns, further reinforcing our view that the industry is stabilizing. Supply chain conditions remain challenging due to tariff uncertainty and geopolitical disruptions. Our teams have responded effectively, leveraging the flexibility of our network to adjust to shifting customer needs while controlling costs and providing strong service levels. We believe our operating model positions us well to navigate uncertainty and drive durable performance through 2026 and beyond".
