Recent Updates — LNN

Lindsay Corporation reported fourth-quarter fiscal 2026 results with total revenues increasing 5 percent to $161.6 million, driven by an 11 percent rise in North America irrigation sales and a 13 percent increase in infrastructure revenue. Operating income grew 39 percent to $15.8 million, while diluted earnings per share rose 11 percent to $1.10. For the full fiscal year, revenues decreased 6 percent to $635.9 million and net earnings fell 25 percent to $55.7 million due to lower project sales in international irrigation and infrastructure segments. The company returned $96.1 million to shareholders through share repurchases and dividends during the year. Lindsay Corporation is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology.

Lindsay Corporation appointed Alicia Pfeifer and Brett Coburn as co-Chief Financial Officers on an interim basis, effective September 1, 2026. Ms. Pfeifer, currently Vice President of Business Finance, and Mr. Coburn, currently Vice President and Chief Accounting Officer, will share CFO responsibilities while retaining their existing titles. Mr. Coburn also serves as interim principal financial officer for SEC reporting purposes. Each executive receives an incremental $10,000 monthly stipend during this period in addition to standard compensation packages. Lindsay Corporation manufactures agricultural irrigation systems and equipment.

Sam Hinrichsen, Senior Vice President and Chief Financial Officer, will resign from Lindsay Corporation on August 31, 2026. The company is searching for a successor and Hinrichsen will provide transition services through December 31, 2026, for a total of $210,000 in cash compensation plus his 2026 annual bonus. Lindsay Corporation is a manufacturer of agricultural and infrastructure irrigation systems.

Lindsay Corporation announced its fiscal 2026 third quarter results of operations for the period ended May 31, 2026, via a press release and investor presentation. The company is a manufacturer of irrigation and spreading equipment for agriculture and infrastructure.