Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Gates (GTES)

Gates Industrial raises 2026 profit guidance as Q3 sales rise 5.6% to $903.6 million

Positive Impact 4 of 5 guidance

Gates Industrial reported third-quarter 2026 net sales of $903.6 million, up 5.6%, with diluted earnings per share of $0.34 versus $0.31 a year earlier and adjusted earnings per share of $0.47 versus $0.39. The company raised its full-year 2026 guidance for adjusted EBITDA and adjusted earnings per share, which benefits shareholders if the outlook is met.

Key points

  • Q3 net sales were $903.6 million, up 5.6%, with core sales up 5.5%.
  • Diluted EPS was $0.34 versus $0.31; adjusted EPS was $0.47 versus $0.39.
  • Adjusted EBITDA was $215.4 million, a 23.8% margin versus 22.9% a year earlier.
  • 2026 adjusted EBITDA guidance is $809 million to $823 million (prior $800 million to $830 million); adjusted EPS guidance is $1.66 to $1.72 (prior $1.62 to $1.70).

The filing

CompanyGates (GTES)
Form8-K, current report
Filed with the SECOct 30, 2026, 7:32 AM ET
Accession number0001628280-26-068435

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.