Kennametal raises annual outlook as fiscal Q1 sales rise 3% to $498 million
Kennametal reported fiscal 2026 first-quarter sales of $498 million, up 3% from a year earlier, and adjusted EPS of $0.34, up 18%. The company raised its annual sales and adjusted EPS outlook, but free operating cash flow was negative $5 million, down from positive $21 million a year earlier, mainly due to higher inventory.
Key points
- Sales of $498 million rose 3% (organic growth 3%); operating income was $38 million, a 7.5% margin
- Diluted EPS was $0.30, up 8%; adjusted EPS was $0.34, up 18%
- Full-year outlook: sales of $2.10 billion to $2.17 billion and adjusted EPS of $1.35 to $1.65
- Free operating cash flow was negative $5 million, versus positive $21 million in the prior-year quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits 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 November 05, 2025.
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.