Earnings ·
Standex reports Q1 sales of $232.6M, raises FY outlook and authorizes $100M buyback
SXIStandex International Corp
Standex International reported fiscal first quarter 2027 net sales of $232.6 million, a 12.4% organic increase year-over-year, driven by strong demand in its Electronics segment which grew 29.5%. The company achieved record adjusted operating margins of 20.2%, up 110 basis points, and raised its full-year fiscal 2027 outlook to anticipate high-teens growth in adjusted earnings per share. Additionally, the Board authorized a new $100 million share repurchase program, superseding the remaining balance of the prior authorization. Standex International Corporation is a multi-industry manufacturer operating across Electronics, Aerospace & Defense, Scientific, and Engraving & Hydraulics segments.