Nov 3, 8:14 AM ET
Regal Rexnord reported third-quarter 2026 net sales of $1.588 billion, up 6.1% from a year earlier, but a $119.3 million goodwill impairment turned GAAP results into a net loss of $12.5 million attributable to the company, compared with net income of $79.6 million a year earlier. The company lowered its 2026 GAAP EPS guidance while raising its adjusted diluted EPS guidance, and said it is exploring a sale of its autonomous mobile solutions business.
- Q3 net sales $1,588.0 million, up 6.1%; adjusted EBITDA $351.3 million versus $339.4 million a year earlier
- GAAP diluted EPS was a loss of $0.19 versus $1.20 a year earlier; adjusted diluted EPS was $2.90 versus $2.51
- 2026 GAAP EPS guidance lowered to $3.76 to $4.06; adjusted diluted EPS guidance raised to $10.60 to $10.90
- Company is exploring the sale of its autonomous mobile solutions business in the AMC segment and reviewing its portfolio
Read the filing on SEC.gov ↗
Aug 5, 7:06 AM ET
Regal Rexnord reported second-quarter 2026 net sales of $1,558.4 million, up 4.2% from a year earlier, and GAAP diluted EPS of $1.74 versus $1.19. The company narrowed its 2026 GAAP EPS guidance to $5.42 to $5.92 and its adjusted EPS guidance to $10.35 to $10.85, with the midpoint of $10.60 unchanged, and the adjusted figures include IEEPA tariff refund benefits.
- Net sales $1,558.4 million, up 4.2% (3.3% organic) versus $1,496.1 million a year earlier
- GAAP diluted EPS $1.74 versus $1.19; adjusted diluted EPS $2.99 versus $2.48, including a $0.39 IEEPA tariff refund benefit
- 2026 adjusted diluted EPS guidance narrowed to $10.35 to $10.85, midpoint $10.60; GAAP EPS guidance narrowed to $5.42 to $5.92
- Adjusted EBITDA $366.6 million, up 11.2%, including $32.0 million of IEEPA tariff refund benefits
Read the filing on SEC.gov ↗
Jun 1, 7:09 AM ET
Regal Rexnord named Mark Klossner Executive Vice President & President of its Industrial Powertrain Solutions segment, effective June 1, 2026. He succeeds Jerry Morton, who will retire effective after the close of business on December 31, 2026, and will stay on as an executive vice president during the transition.
- Mark Klossner becomes EVP & President, Industrial Powertrain Solutions, effective June 1, 2026.
- Jerry Morton informed the company on May 26, 2026 of his plan to retire, effective after the close of business on December 31, 2026.
- Klossner joined through the March 2023 Altra Industrial Motion acquisition and most recently led the Couplings and Gearing Divisions, a portfolio the press release describes as about $1.4 billion.
- Morton will keep his base salary, benefits, and equity awards under existing plan terms until his retirement date.
Read the filing on SEC.gov ↗
May 7, 7:10 AM ET
Regal Rexnord reported first-quarter 2026 net sales of $1,479.1 million, up 4.3% from a year earlier, with GAAP diluted EPS of $0.96 versus $0.86. The company reaffirmed its 2026 adjusted EPS guidance of $10.20 to $11.00 and said it has named Aamir Paul as its next chief executive, succeeding Louis Pinkham.
- Net sales were $1,479.1 million, up 4.3% (1.6% organic) from $1,418.1 million in the first quarter of 2025.
- GAAP diluted EPS was $0.96 versus $0.86; adjusted diluted EPS was $2.17 versus $2.15.
- Adjusted EBITDA was $304.4 million versus $309.5 million, and enterprise daily orders rose 8.5%.
- 2026 adjusted EPS guidance of $10.20 to $11.00 was reaffirmed; Aamir Paul was announced as next CEO.
Read the filing on SEC.gov ↗
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