Recent Updates — SXI
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.
The Standex International Corporation Board appointed Brenna D. Preisser as a Class I director effective January 1, 2027, succeeding B. Joanne Edwards who is retiring from the Board. Ms. Preisser, currently Executive Vice President and President of Brunswick Boat Group at Brunswick Corporation, will serve on the Compensation Committee and Innovation & Technology Committee. She receives an initial restricted stock award valued at $150,000 vesting in three years. Standex International Corporation is a multi-industry manufacturer of highly engineered components and systems.
Sandex International Corporation appointed Samantha L. Stoddard as Vice President, Chief Financial Officer and Treasurer, effective December 1, 2026. She joins from JELD-WEN Holding, Inc., succeeding Ademir Sarcevic, who will return to his role as Group President – Electronics. The appointment includes a $575,000 annual base salary, a target bonus of 75% of base, and equity awards valued at approximately $1.4 million. Stoddard also receives a one-time signing bonus of $402,500 subject to repayment provisions if she leaves within two years. Standex International Corporation is a multi-industry manufacturer of highly engineered components and systems across Electronics, Aerospace and Defense, Scientific, and Engraving & Hydraulics segments.
Standex International Corporation reported fourth-quarter fiscal 2026 results with sales of $228.3 million, a 7.7% organic increase year-over-year, and record adjusted earnings per share of $2.45. The company announced a quarterly cash dividend of $0.34 per share, payable August 21, 2026, to shareholders of record on August 7, 2026. Additionally, Vice President Alan J. Glass notified the Company of his intent to retire from his officer role effective upon the appointment of a successor, though he will remain employed through January 4, 2027, to assist with the transition. Standex International Corporation is a multi-industry manufacturer operating in Electronics, Aerospace & Defense, Scientific, and Engraving & Hydraulics segments.
Standex International Corporation, through its subsidiary Mold-Tech Singapore PTE LTD, completed the acquisition of the remaining 9.90% minority interest in Narayan Powertech Private Limited for approximately $64,000,000 in cash. This transaction follows a previous acquisition of 90.10% of the company in October 2024 and the failure to obtain RBI regulatory approval for a previously planned share swap. Standex International Corporation is a diversified industrial manufacturer that provides specialized products and services for various industries.