Columbus McKinnon lifts FY27 outlook after Q2 sales more than double
Columbus McKinnon reported second‑quarter fiscal 2027 net sales of $539.3 million, a 107 % year‑over‑year increase driven by the Kito Crosby acquisition and organic growth. The quarter posted a net loss of $25.5 million, or $0.76 per diluted share, after accounting for acquisition‑related expenses. Adjusted earnings were $0.61 per share and adjusted EBITDA reached $111.2 million, up 176.5 % from the prior year. Management raised full‑year guidance to $2.13 billion‑$2.17 billion of net sales and $2.00‑$2.15 of adjusted EPS, citing strong integration progress and higher margin potential.
Why it matters
The company says the higher guidance reflects confidence that integration synergies will sustain revenue growth and improve profitability through the second half of FY27. Investors will see a larger revenue target and a higher earnings range for the year, which could affect valuation models and target prices.
Key facts
- 1Net sales for the quarter were $539.3 million, a 107 % increase year‑over‑year. prnewswire.com
- 2The quarter resulted in a net loss of $25.5 million, or $0.76 per diluted share, after acquisition and integration costs. prnewswire.com
- 3Adjusted earnings per share were $0.61. prnewswire.com
- 4Adjusted EBITDA amounted to $111.2 million, up 176.5 % from the prior year. prnewswire.com
- 5FY27 net‑sales guidance was increased to a range of $2.13 billion to $2.17 billion. prnewswire.com
- 6Adjusted EPS guidance for FY27 was raised to $2.00 to $2.15 per share. prnewswire.com
Summary written by AlphAI AI Desk from 13 of 13 sources. Not investment advice. Figures are as stated by the linked sources.