Lincoln Electric posts record Q3 sales, raises full‑year guidance and dividend
Lincoln Electric reported third‑quarter 2026 net sales of $1.22 billion, up 15.1% year over year, driven by 8.8% volume growth. Adjusted earnings per share reached a record $2.98 and the company announced a quarterly dividend of $0.87 per share, a 10% increase. Management lifted its full‑year net‑sales outlook to low‑teens growth and raised 2026 capital‑expenditure guidance to $140 million‑$150 million.
Why it matters
The higher guidance suggests stronger demand and may support a higher valuation, while the increased dividend and capex plan signal confidence in cash generation and growth opportunities (the company said it expects low‑teens net‑sales growth and raised capex to $140 million‑$150 million).
Key facts
- 1Net sales were $1.22 billion, a 15.1% year‑over‑year increase. investing.com
- 2Volume growth contributed 8.8 percentage points to the sales increase. investing.com
- 3Adjusted earnings per share were $2.98, a record for the company. investing.com
- 4The quarterly dividend was $0.87 per share, payable January 15 2027. econotimes.com
- 5Full‑year 2026 capital spending guidance was raised to $140 million‑$150 million. seekingalpha.com
- 6Full‑year net‑sales growth outlook was increased to a low‑teens percentage range. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.