Earnings ·
ESAB reports Q3 sales of $825M, raises full-year revenue outlook to 13.1%-13.3% growth
ESABESAB Corp
ESAB Corporation reported third-quarter net sales of $824.5 million, a 13.3% increase from the prior year period, driven by acquisitions and foreign exchange. Core organic sales grew 2.3%. The company raised its full-year 2026 core sales growth guidance to 13.1%-13.3%, up from the previous range of 11.0%-14.0%, while lowering its core adjusted EBITDA forecast to $603 million-$607 million and EPS guidance to $5.28-$5.33 due to higher restructuring costs and acquisition amortization. ESAB Corporation is a focused industrial compounder providing welding, cutting, and inspection solutions.