Applied Industrial raises FY26 sales growth guidance after 7.3% Q3 sales gain
Applied Industrial Technologies reported fiscal third-quarter net sales of $1.3 billion, up 7.3% from a year earlier, and diluted EPS of $2.65 versus $2.57. The company raised its fiscal 2026 EPS guidance low end to $10.64 from $10.45 and its total sales growth guidance to 7.2% to 7.7%, and its Board authorized a new buyback of up to 3.0 million shares.
Key points
- Q3 net sales $1.3 billion, up 7.3%; organic sales up 6.0% year over year
- Diluted EPS $2.65 vs. $2.57 a year earlier; net income $99.8 million
- FY26 EPS guidance $10.64 to $10.75 (prior $10.45 to $10.75); total sales growth 7.2% to 7.7% (prior 5.5% to 7.0%)
- Board authorized repurchase of up to 3.0 million shares; quarterly dividend of $0.51 payable May 29, 2026
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2026.
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