Company Expects Q1 2026 Revenue of $385M-$395M
Sees Q1 revenue $385M-$395M, consensus $389M. The company said, "For the first quarter of fiscal 2026, the Company expects net sales to be between $385 million and $395 million compared to net sales of $393 million in the first quarter of fiscal 2025. GAAP EPS is expected to be in a range of $1.13 to $1.23 in the first quarter compared to GAAP EPS of $1.70 in the first quarter of fiscal 2025. Adjusted EPS is expected to be between $1.20 and $1.30 compared to adjusted EPS of $1.82 in the first quarter of fiscal 2025. The first quarter fiscal 2026 guidance also includes: An approximate $12 million, or $0.60 per share impact of higher tariffs resulting from the annualized impact of the IEEPA tariffs enacted in April 2025; $1 million of primarily increased depreciation related expenses, or approximately $0.05 per share impact, related to the new Lyons, Georgia distribution center; $1 million, or $0.05 per share impact from higher interest expense; and A higher adjusted effective tax rate of approximately 25% compared to 24% in 2025."
