Earnings ·
Quanex Building Products reported third-quarter net sales of $501.8 million and diluted EPS of $0.58 for the period…
NXQuanex Building Products Corp
Quanex Building Products reported third-quarter net sales of $501.8 million and diluted EPS of $0.58 for the period ended July 31, 2026, compared to a loss per share of $(6.04) in the prior year driven by a $302.3 million goodwill impairment. The company repaid $42.25 million of debt and repurchased approximately $1.7 million of shares during the quarter. Total debt stands at $672.2 million with a leverage ratio of 2.8x, while liquidity increased to $363.1 million. Quanex is a global manufacturer providing innovative solutions in window, door, solar, refrigeration, and building access markets.