Recent Updates — AZZ
AZZ Inc. reported second-quarter fiscal 2027 results with total sales reaching a record $486.9 million, up 16.7% year-over-year. Operating income rose 22.4% to $83.8 million, while adjusted diluted earnings per share increased 29.0% to $2.00. The company raised its full-year fiscal 2027 adjusted EPS guidance to a range of $7.00 to $7.30 from the previous estimate of $6.75 to $7.15, citing strong execution and sustained sales momentum across both segments. Additionally, AZZ announced an increase in its quarterly cash dividend by 20% to $0.24 per share and completed the acquisition of Seattle Galvanizing for $57.5 million. The company operates as a leading independent provider of hot-dip galvanizing and coil coating solutions.
The Board of Directors authorized a second quarter fiscal year 2027 cash dividend of $0.24 per share on outstanding common stock. The payment is scheduled for November 5, 2026, to shareholders of record as of the close of business on October 19, 2026. AZZ Inc. operates in the industrial sector, providing hot-dip galvanizing and coil coating solutions.
AZZ Inc. appointed Rhonda Davenport as Chief Human Resources Officer, effective August 3, 2026. Ms. Davenport brings over 20 years of HR leadership experience from roles at Cain Watters & Associates, Unisys Corporation, and others. Her compensation package includes a $375,000 annual base salary, a one-time $75,000 sign-on bonus subject to repayment if she leaves within one year, and pro-rated target awards for fiscal 2027 consisting of $153,125 in cash incentive opportunities and equity grants valued at the same amount. She is eligible for severance benefits under the Executive Officer Severance Plan and continued vesting under the Executive Retiree LTI Plan upon qualified retirement. AZZ Inc. operates as a provider of hot-dip galvanizing and coil coating solutions.
AZZ Inc. issued a press release on July 8, 2026, reporting its first quarter financial results for the fiscal year 2027, which ended on May 31, 2026. AZZ Inc. is a provider of metal protection and value-added services for the steel industry.