Track market-moving stories before they get noisy

Key Takeaways Agilent beat Q2 estimates as revenues rose 10% to $1.83B and non-GAAP EPS hit $1.49.Agilent raised FY26 guidance to $7.39B-$7.49B revenue and $6.00-$6.10 non-GAAP EPS.Agilent said strategic pricing added ~200 bps, while Ignite boosts execution and margins. Agilent Technologies, Inc. (A - Free Report) used its second-quarter fiscal 2026 earnings call to make a broader point than a simple beat-and-raise. Management framed the quarter as evidence that the company’s Ignite operating system is now producing more durable benefits across pricing, execution, and margins.

That mattered because Agilent paired better-than-expected quarterly results with a higher full-year outlook while arguing that replacement cycles, innovation, and operational discipline can keep supporting growth even as comparisons get tougher.

A Leans on Execution, Not Just DemandCEO Padraig McDonnell said the company delivered broad-based strength across major end markets, but he spent as much time on operating discipline as on demand. He said Ignite is becoming structurally embedded in the business and is helping Agilent convert healthy conditions into stronger financial performance.

That message was backed by the quarter’s numbers. Revenue rose 10% to $1.84 billion, or 6.3% on a core basis, while adjusted EPS reached $1.49. EPS topped the Zacks Consensus Estimate of $1.40 by 6.21%, and revenues beat the $1.8 billion estimate by 2.12%.

Management’s tone suggested the bigger takeaway was the quality of growth. McDonnell said Agilent hit or exceeded its long-term plan on revenue growth, margin expansion, and EPS growth in the quarter.

Agilent Sees Multiple Growth EnginesMcDonnell highlighted pharma, chemicals and advanced materials, diagnostics, and forensics as the main sources of strength. Pharma grew 6%, chemicals and advanced materials rose 8%, and diagnostics and clinical increased 11%, while forensics posted growth of more than 50%.

He also pointed to continued instrument momentum. Agilent reported high single-digit instrument growth, including low double-digit growth in LC, LC/MS, and GC, supported by replacement demand and market share gains.

The segment view in the press release reinforced that breadth. Life Sciences and Diagnostics Markets revenue rose 12% on a reported basis, CrossLab increased 6%, and Applied Markets climbed 14%.

A Pushes Innovation and PricingManagement tied that demand backdrop to a busy product cycle. McDonnell previewed launches at ASMS, including the new 9500 triple quadrupole ICP-MS platform and upgraded flagship gas chromatography systems, while also highlighting traction in columns and OpenLab software.

Pricing was another major theme. McDonnell said strategic pricing contributed about 200 basis points in the quarter, putting Agilent on track to surpass its initial full-year pricing goal.

He also said the tariff task force had fully mitigated the incremental tariffs that began in late spring. That let management present pricing as part of a broader operating playbook rather than a short-term offset.

Agilent Raises the Fiscal 2026 ViewCFO Adam Elinoff raised full-year revenue guidance to $7.39 billion to $7.49 billion and lifted non-GAAP EPS guidance to $6.00 to $6.10. The company also increased its expected operating margin expansion to 85 basis points at the midpoint.

For the third quarter, Agilent expects revenue of $1.83 billion to $1.85 billion and non-GAAP EPS of $1.48 to $1.50. Management said the guide assumes tougher comparisons in the second half but still reflects similar core growth to the first half.

Elinoff said the company’s confidence rests on four factors: execution, market momentum, structural improvements from Ignite, and innovation.

A Faces Questions on China and MarketsAnalyst questions focused on whether the strongest areas are durable. Evercore ISI and Jefferies pressed management on chemicals, advanced materials, and semiconductor demand, and McDonnell responded that funnels remain strong across regions, with semiconductor demand still a sweet spot for the company.

China drew another line of scrutiny after a 9% decline in the quarter. McDonnell described the market as stable overall, said first-half performance was roughly flat, and kept the full-year view intact while pointing to delayed stimulus revenue.

A JPMorgan analyst also asked about the TSA contract in forensics. Management disclosed that Agilent recognized $5 million from the contract in the quarter and said the win could support additional aviation security tenders.

Agilent Ends the Call With ConfidenceThe closing tone was notably firm. McDonnell said Agilent’s mix of services scale, installed-base exposure, innovation cadence, and operational discipline positions it to keep outperforming peers.

The call left investors with a company emphasizing controllable factors. Demand still matters, but management’s central argument was that pricing, productivity, supply chain execution, and sharper commercial focus are now doing more of the heavy lifting.

What Zacks Signals Say on AA carries a Zacks Rank #3 (Hold), which typically points to more balanced near-term expectations than a stronger Zacks Rank #1 (Strong Buy) or Zacks Rank #2 (Buy). Its Style Scores are less supportive, with Value and Growth each at D, Momentum at C, and a VGM Score of F. You can see the complete list of today’s Zacks #1 Rank stocks here.

That mix suggests the stock does not screen as especially attractive on value, growth, or combined style factors right now. The Style Score framework is most favorable when paired with a Zacks Rank #1 or #2 and grades of A or B, while a Rank #3 can still be held when the score profile is stronger. As always, the Zacks Rank can change after earnings as analysts revise estimates.

Expected First Day of Trading on the Nasdaq Stock Exchange on Monday, June 22, 2026 Company to Ring the Nasdaq Opening Bell on Tuesday, June 30, 2026

, /PRNewswire/ -- LendingClub Corporation (NYSE: LC) today announced that it will transfer the listing of its common stock to the Nasdaq Stock Market ("Nasdaq") from the New York Stock Exchange ("NYSE").

The company's common stock is expected to begin trading on the Nasdaq Global Select Market on June 22, 2026, under the new ticker symbol – HAPN – to reflect the rebranding of LendingClub Bank to Happen Bank.

The transfer to Nasdaq reflects the company's position as a growth-oriented, digital bank and strengthens its alignment with investors focused on companies using technology and innovation to drive long-term shareholder value.

"We were founded on the belief that technology could make lending better – and it worked," said Scott Sanborn, LendingClub CEO. "We've since evolved beyond lending into a diversified digital-first bank combining deposits, lending, and a capital-light marketplace model. Just as the Happen Bank brand better reflects everything we do for our members, our move to Nasdaq better reflects the technology and innovation that has always been part of our DNA."

"Nasdaq is proud to welcome LendingClub as it begins this exciting new chapter," said J.R. Mastroianni, Head of Exchange Transfers, Listings Services at Nasdaq. "The company's focus on using technology to make it easy to make smart financial decisions aligns closely with our community of innovation-driven companies, and we look forward to supporting its continued growth."

No action is required by existing shareholders with respect to the transfer of the listing or the ticker symbol change. LendingClub's common stock is expected to continue to be listed under the NYSE ticker symbol "LC" through market close on June 18, 2026.

The company plans to commemorate its new listing by participating in the Nasdaq Opening Bell Ceremony on Tuesday, June 30, 2026, at the Nasdaq MarketSite in New York City.

About LendingClub

LendingClub Bank — soon to be Happen Bank — is a digital bank built for the Motivated Middle: high-FICO, high-income, digitally savvy consumers actively managing their financial lives. Our difference? We make it easy for them to access award-winning products that help them keep more of what they earn and earn more on what they save. Our products are aligned by design to reward our five million plus members when they take positive financial steps like saving regularly or making loan payments on time.

Our success is fueled by our advanced credit underwriting, a proprietary technology platform engineered for innovation, and a marketplace bank model that drives value for members, loan investors, and shareholders alike. The result is affordable credit, meaningful value, and a trusted banking relationship — delivered consistently and profitably at scale.

As we look to our next chapter, we're choosing a name that reflects why we exist: to clear the way for our members to make it happen. Learn more at: https://www.meethappen.com/.

LendingClub Corporation (NYSE: LC) — soon to be Happen, Inc. — is the parent company and operator of LendingClub Bank, National Association, Member FDIC. For more information about LendingClub, visit https://www.lendingclub.com.

Safe Harbor Statement

Some of the statements in this press release, including statements regarding the timing and impact of our listing on Nasdaq and rebranding initiative, are "forward-looking statements." Words such as "plan", "expect", "anticipate" and similar expressions may identify forward-looking statements, although not all forward-looking statements may contain these identifying words. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: macroeconomic conditions, completing onboarding with Nasdaq, and those factors set forth in the section titled "Risk Factors" in LendingClub Corporation's most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, as well as in its subsequent filings with the Securities and Exchange Commission. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements, and you should not place undue reliance on forward-looking statements. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

For Media: [email protected]
For Investors: [email protected]

SOURCE LendingClub Corporation

LendingClub (LC - Free Report) closed the last trading session at $17.22, gaining 12.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $22.35 indicates a 29.8% upside potential.

The average comprises 10 short-term price targets ranging from a low of $20.00 to a high of $25.00, with a standard deviation of $1.76. While the lowest estimate indicates an increase of 16.1% from the current price level, the most optimistic estimate points to a 45.2% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.

But, for LC, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.

Price, Consensus and EPS Surprise

Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

Here's Why There Could be Plenty of Upside Left in LCThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 0.8%.

Moreover, LC currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Therefore, while the consensus price target may not be a reliable indicator of how much LC could gain, the direction of price movement it implies does appear to be a good guide.

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HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that it will participate in a webcast fireside chat at the previously announced conference:

38th Annual ROTH Conference, March 24, 2026, Dana Point, California – John Deitzer, Chief Financial Officer, and Matt Kline, Vice President Treasury & Investor Relations, are scheduled to participate in investor meetings, and a live question and answer session at 2:00 p.m. Pacific Time. A webcast link of the live event will be available on the Investor Relations site of Atkore.com (https://investors.atkore.com/investors/events-and-presentations/default.aspx). A replay of the webcast will be available on the same website until Monday, June 22, 2026. To learn more about Atkore Inc. please visit the company's website at https://investors.atkore.com/overview/default.aspx.

About Atkore Inc.

Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. With 5,400 employees and $2.9B in sales in fiscal year 2025, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit www.atkore.com.

Dissemination of Company Information

Atkore intends to make future announcements regarding company developments and financial performance through its website, www.atkore.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, media broadcasts, and webcasts.

More News From Atkore Inc.

Back to Newsroom

Posted by Defense World Staff on Apr 5th, 2026

SG Americas Securities LLC boosted its holdings in Atkore Inc. (NYSE:ATKR – Free Report) by 657.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,023 shares of the company’s stock after purchasing an additional 27,794 shares during the period. SG Americas Securities LLC owned approximately 0.09% of Atkore worth $2,025,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ATKR. Ruffer LLP bought a new stake in shares of Atkore in the 3rd quarter valued at about $2,813,000. Allianz Asset Management GmbH increased its stake in Atkore by 359.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 37,695 shares of the company’s stock worth $2,365,000 after purchasing an additional 29,495 shares during the period. Jefferies Financial Group Inc. bought a new stake in Atkore in the third quarter valued at approximately $36,525,000. Vanguard Group Inc. lifted its position in Atkore by 8.1% in the third quarter. Vanguard Group Inc. now owns 3,632,594 shares of the company’s stock valued at $227,909,000 after purchasing an additional 273,466 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Atkore during the third quarter valued at approximately $1,750,000.

Atkore Price Performance Shares of NYSE ATKR opened at $61.43 on Friday. Atkore Inc. has a 1 year low of $49.92 and a 1 year high of $80.06. The stock has a market capitalization of $2.07 billion, a P/E ratio of -44.19 and a beta of 1.54. The company’s 50-day moving average is $63.52 and its 200 day moving average is $64.80. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.42 and a quick ratio of 2.40.

Atkore (NYSE:ATKR – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.19. Atkore had a positive return on equity of 11.27% and a negative net margin of 1.63%.The business had revenue of $655.55 million for the quarter, compared to analysts’ expectations of $650.09 million. During the same period in the previous year, the firm posted $1.63 EPS. The business’s revenue was down .9% on a year-over-year basis. Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. On average, sell-side analysts expect that Atkore Inc. will post 5.79 earnings per share for the current year.

Atkore Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a $0.33 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.1%. Atkore’s dividend payout ratio is currently -94.96%.

Insider Buying and Selling at Atkore In other news, insider Mark F. Lamps sold 1,000 shares of Atkore stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $65.78, for a total transaction of $65,780.00. Following the completion of the transaction, the insider directly owned 35,982 shares in the company, valued at approximately $2,366,895.96. This trade represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.10% of the company’s stock.

Wall Street Analyst Weigh In Several brokerages have recently issued reports on ATKR. Royal Bank Of Canada set a $71.00 target price on shares of Atkore in a report on Wednesday, February 4th. Roth Mkm boosted their price objective on shares of Atkore from $71.00 to $77.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. CJS Securities raised shares of Atkore to a “strong-buy” rating in a research note on Thursday, December 11th. Wall Street Zen cut Atkore from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Atkore in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $75.50.

Check Out Our Latest Research Report on ATKR

Atkore Profile (Free Report)

Atkore International Group Inc (NYSE: ATKR) is a diversified global manufacturer of electrical raceway and mechanical products, serving a broad range of end markets including commercial construction, industrial facilities and energy infrastructure. The company’s electrical product portfolio encompasses conduit, tubing, fittings, connectors and cable management systems designed for use in residential, commercial and industrial wiring applications. On the mechanical side, Atkore offers pipe support solutions, seismic bracing, HVAC hangers and other mechanical products that address critical building and process piping needs.

Founded as a family-owned business before its reorganization into a standalone public company in 2016, Atkore has grown through both organic investment and targeted acquisitions.

Read More Five stocks we like better than Atkore

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Acquires five HDPE manufacturing facilities from Atkore Inc.
Acquisition extends Infra Pipes’ comprehensive range of HDPE product across the USA and Canada

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Infra Pipes (the “Company”), a leading North American manufacturer of medium- and high-density polyethylene pipeline solutions, today announced that it has completed the acquisition of Atkore Inc.’s HDPE business, which primarily serves the telecommunications market.

The acquisition advances the Company’s strategy to strengthen its manufacturing and distribution capabilities and expand its ability to serve customers across North America. The acquisition includes five HDPE sites across the USA in Lovelady, TX; Woodburn, OR; Allendale, SC; Albuquerque, NM; and Springfield, MO, equipped with modern manufacturing equipment.

“Today’s announcement is a significant advancement of our strategy to make Infra Pipes the most modern, efficient, and scalable producer of HDPE pipeline solutions in North America. We are confident that the HDPE acquisition will strengthen our ability to serve customers and support infrastructure projects,” said Jimmy Herring, CEO at Infra Pipes. “The five acquired locations have benefitted from significant recent investment, making them complementary to our existing locations. We are excited to continue building a stronger Infra Pipes.”

This announcement follows Infra Pipes’ May 2025 acquisition of another HDPE manufacturing site in Jacksonville, FL. Since acquiring Jacksonville, Infra Pipes has invested to upgrade and modernize its manufacturing capabilities and expanded its team at the site to serve customers with greater speed, flexibility, and reliability.

Under the terms of the agreement, Atkore will contribute its HDPE business and capitalize the combined business with approximately $28 million. Atkore will hold a 10% equity stake in Infra Pipes.

Alvarez & Marsal and Moelis & Company LLC are serving as financial advisors to Infra Pipes.

About Infra Pipes

Infra Pipes is a leading North American manufacturer of medium- and high-density polyethylene pipeline solutions for essential infrastructure applications. With six production facilities across the continent, Infra Pipes offers one of the most comprehensive portfolios of small- to extra-large-diameter products in the industry, including Weholite®, Sclairpipe®, EndoPoly, EndoPure, EndoTrace and Enduct. Serving markets such as municipal water supplies, gas distribution, telecommunications, wastewater management, mining, agriculture and energy transmission, Infra Pipes combines decades of technical experience with a customer-first approach that simplifies complex projects and supports the flow of modern life.

Investors in Atkore, Inc. (ATKR - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 17, 2026 $40.00 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Atkore share, but what is the fundamental picture for the company? Currently, Atkore is a Zacks Rank #3 (Hold) in the Wire and Cable Products Industry that ranks in the Top 40% of our Zacks Industry Rank. Over the last 60 days, no analyst has increased his estimate for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $1.13 per share to $1.21 per share in the same time period.

Given the way analysts feel about Atkore right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

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HARVEY, Ill.--(BUSINESS WIRE)--The Board of Directors of Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, and solar applications, today declared a quarterly cash dividend of $0.33 per share of common stock payable on May 29, 2026, to stockholders of record on May 19, 2026.

About Atkore Inc.

Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, and solar applications. With 5,400 employees and $2.9B in sales in fiscal year 2025, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit www.atkore.com.

Dissemination of Company Information

Atkore intends to make future announcements regarding company developments and financial performance through its website, www.atkore.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, media broadcasts, and webcasts.

More News From Atkore Inc.

Back to Newsroom

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) announced earnings for its fiscal 2026 second quarter ended March 27, 2026.

“We were pleased with our second quarter results. We delivered approximately 5% year-over-year organic volume growth and solid productivity gains. In addition our net sales, Adjusted EBITDA and Adjusted EPS all improved sequentially versus our first quarter results,” said Bill Waltz, Atkore President and Chief Executive Officer. “These operating results reflect improvements from our own internal initiatives as well as benefits from solid end-market demand.”

Waltz continued, “Over the past few months, we have also completed several actions related to our broader review of strategic alternatives. We have now finalized the three plant closures previously announced, and we have recently divested both our High-Density Polyethylene Pipe & Conduit (“HDPE”) business as well as our surface protection and powder coatings business in Belgium. Each of these completed actions represent our commitment to support the electrical infrastructure market which we believe will enable long-term shareholder value creation.”

2026 Second Quarter Results

Three months ended

(in thousands)

March 27, 2026

March 28, 2025

Change

% Change

Net sales

Electrical

$

532,457

$

492,677

$

39,780

8.1

%

Safety & Infrastructure

199,100

209,272

(10,172

)

(4.9

)%

Eliminations

(180

)

(225

)

45

(20.0

)%

Consolidated operations

$

731,377

$

701,725

$

29,652

4.2

%

Net (loss) income

$

(124,073

)

$

(50,057

)

$

(74,016

)

147.9

%

Adjusted EBITDA

Electrical

$

74,351

$

90,943

$

(16,592

)

(18.2

)%

Safety & Infrastructure

17,303

36,064

(18,761

)

(52.0

)%

Unallocated

(10,601

)

(10,598

)

(3

)

—

%

Consolidated operations

$

81,053

$

116,408

$

(35,355

)

(30.4

)%

Net sales increased by $29.7 million, or 4.2%, to $731.4 million for the three months ended March 27, 2026, compared to $701.7 million for the three months ended March 28, 2025. The increase in net sales is primarily attributed to increased sales volume of $32.3 million, increased average selling prices of $10.2 million and foreign exchange benefits of $8.2 million partially offset by the impact of divestitures of $12.6 million.

Gross profit decreased by $49.0 million, or 26.5%, to $136.1 million for the three months ended March 27, 2026, as compared to $185.1 million for the prior-year period. Gross margin decreased to 18.6% for the three months ended March 27, 2026, as compared to 26.4% for the prior-year period. Gross profit decreased primarily due to increased input costs of $82.1 million outpacing increases in average selling prices of $10.2 million.

Net loss decreased by $74.0 million, or 147.9%, to a net loss of $124.1 million for the three months ended March 27, 2026 compared to $50.1 million of net loss for the prior-year period. The decrease was primarily due to lower gross profit of $49.0 million, increased litigation settlement expense of $136.5 million, increased other expense related to loss on assets held for sale of $19.2 million and increased selling, general and administrative expense of $8.9 million, partially offset by decreased asset impairment charges of $116.2 million and increased income tax benefit of $18.2 million.

Adjusted EBITDA decreased by $35.4 million, or 30.4%, to $81.1 million for the three months ended March 27, 2026 compared to $116.4 million for the three months ended March 28, 2025. The decrease was primarily due to lower gross profit.

Net loss per diluted share prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) was $(3.65) for the three months ended March 27, 2026, as compared to $(1.46) in the prior-year period. The decrease in diluted earnings per share is primarily due to the impact of lower gross margin, litigation settlement expense and losses on assets held for sale. Adjusted net income per diluted share decreased by $0.81 to $1.23 for the three months ended March 27, 2026, as compared to $2.04 in the prior year period.

Segment Results

Electrical

Net sales increased by $39.8 million, or 8.1%, to $532.5 million for the three months ended March 27, 2026 compared to $492.7 million for the three months ended March 28, 2025. The increase in net sales is primarily attributed to increased sales volume of $28.4 million, foreign exchange benefits of $8.0 million and increased average selling prices of $6.5 million.

Adjusted EBITDA for the three months ended March 27, 2026 decreased by $16.6 million, or 18.2%, to $74.4 million from $90.9 million for the three months ended March 28, 2025. Adjusted EBITDA margin decreased to 14.0% for the three months ended March 27, 2026 compared to 18.5% for the three months ended March 28, 2025. The decrease in Adjusted EBITDA and Adjusted EBITDA margin was largely due to increases in input costs outpacing increases in average selling prices.

Safety & Infrastructure

Net sales decreased by $10.2 million, or 4.9%, for the three months ended March 27, 2026 to $199.1 million compared to $209.3 million for the three months ended March 28, 2025. The decrease is primarily attributed to the impact of recent divestitures of $9.5 million and higher solar credit rebates of $8.5 million, partially offset by increased sales volume of $3.9 million and an increase in average selling prices of $3.7 million.

Adjusted EBITDA decreased by $18.8 million, or 52.0%, to $17.3 million for the three months ended March 27, 2026 compared to $36.1 million for the three months ended March 28, 2025. Adjusted EBITDA margin decreased to 8.7% for the three months ended March 27, 2026 compared to 17.2% for the three months ended March 28, 2025. The decrease in Adjusted EBITDA and Adjusted EBITDA margin was largely due to higher input costs.

Divestitures

On April 8, 2026, Atkore completed the sale of its HDPE business to Infra Pipes. Under the terms of the sales agreement, Atkore contributed its HDPE business and retained a 10% equity stake in the combined entity. In addition to contributing the HDPE business, Atkore will capitalize the combined business with approximately $28 million in cash over time.

On April 30, 2026, the Company completed the sale of its Vergo Coating SRL and Vergo Galva NV businesses in Belgium.

Legal Settlements

On April 28, 2026, the Company entered into settlement agreements (the "Settlement Agreements") with two of the three putative classes in a case captioned In re PVC Pipe Antitrust Litigation (“Class Action Litigation”). These two classes were the Direct Purchaser Plaintiffs ("DPP Plaintiffs") and the Non-Converter Seller Purchaser Plaintiffs ("NCSP" Plaintiffs) (together, the "DPP and NCSP Plaintiffs"), individually and on behalf of the putative DPP and NCSP Plaintiff class members. The Settlement Agreements totaled $136.5 million and was recognized in the Company’s financial statements for the quarter ended March 27, 2026.

Liquidity & Capital Resources

On April 30, 2026, Atkore’s Board of Directors approved a quarterly dividend payment of $0.33 per share of common stock payable on May 29, 2026 to stockholders of record on May 19, 2026.

Full-Year Outlook1

The Company is maintaining its estimated range for fiscal year 2026 Adjusted EBITDA at $340 to $360 million, and Adjusted net income per diluted share at $5.05 to $5.55.

The Company notes that this perspective may vary due to changes in assumptions or market conditions and other factors described under “Forward-Looking Statements.”

Conference Call Information

Atkore management will host a conference call today, May 5, 2026, at 8 a.m. Eastern time, to discuss the Company’s financial results. The conference call may be accessed by dialing (888) 330-2446 (domestic) or (240) 789-2732 (international). The call will be available for replay until May 19, 2026. The replay can be accessed by dialing (800) 770-2030 for domestic callers, or for international callers, (609) 800-9909. The passcode for the live call and the replay is 5592214.

Interested investors and other parties can also listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company’s website at https://investors.atkore.com. The online replay will be available on the same website immediately following the call.

To learn more about the Company, please visit the Company’s website at https://investors.atkore.com.

About Atkore Inc.

Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. With 5,400 employees and $2.9B in sales in fiscal year 2025, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit www.atkore.com.

Dissemination of Company Information

Atkore intends to make future announcements regarding company developments and financial performance through its website, www.atkore.com, as well as through press releases, filings with the Securities and Exchange Commission (the “SEC”), conference calls, media broadcasts, and webcasts.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements relating to financial outlook. Some of the forward-looking statements can be identified by the use of forward-looking terms such as “believes,” “expects,” “may,” “will,” “shall,” “should,” “would,” “could,” “seeks,” “aims,” “projects,” “is optimistic,” “intends,” “plans,” “estimates,” “anticipates” or other comparable terms. Forward-looking statements include, without limitation, all matters that are not historical facts. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that forward-looking statements are not guarantees of future performance or outcomes and that actual performance and outcomes, including, without limitation, our actual results of operations, financial condition and liquidity, and the development of the market in which we operate, may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results of operations, financial condition and cash flows, and the development of the market in which we operate, are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

A number of important factors, including, without limitation, the risks and uncertainties disclosed in the Company’s filings with the SEC including but not limited to the Company’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K could cause actual results and outcomes to differ materially from those reflected in the forward-looking statements. Additional factors that could cause actual results and outcomes to differ from those reflected in forward-looking statements include, without limitation: declines in, and uncertainty regarding, the general business and economic conditions in the United States and international markets in which we operate; weakness or another downturn in the United States non-residential construction industry; changes in prices of raw materials; pricing pressure, reduced profitability, or loss of market share due to intense competition; availability and cost of third-party freight carriers and energy; high levels of imports of products similar to those manufactured by us; changes in federal, state, local and international governmental regulations and trade policies, including application of tariffs; adverse weather conditions; increased costs relating to future capital and operating expenditures to maintain compliance with environmental, health and safety laws; reduced spending by, deterioration in the financial condition of, or other adverse developments, including inability or unwillingness to pay our invoices on time, with respect to one or more of our top customers; increases in our working capital needs, which are substantial and fluctuate based on economic activity and the market prices for our main raw materials, including as a result of failure to collect, or delays in the collection of, cash from the sale of manufactured products; work stoppage or other interruptions of production at our facilities as a result of disputes under existing collective bargaining agreements with labor unions or in connection with negotiations of new collective bargaining agreements, as a result of supplier financial distress, or for other reasons; widespread outbreak of diseases; changes in our financial obligations relating to pension plans that we maintain in the United States; reduced production or distribution capacity due to interruptions in the operations of our facilities or those of our key suppliers; loss of a substantial number of our third-party agents or distributors or a dramatic deviation from the amount of sales they generate; security threats, attacks, or other disruptions to our information systems, or failure to comply with complex network security, data privacy and other legal obligations or the failure to protect sensitive information; possible impairment of goodwill or other long-lived assets as a result of future triggering events, such as declines in our cash flow projections or customer demand and changes in our business and valuation assumptions; safety and labor risks associated with the manufacture and in the testing of our products; product liability, construction defect and warranty claims and litigation relating to our various products, as well as government inquiries and investigations, and consumer, employment, tort and other legal proceedings; our ability to protect our intellectual property and other material proprietary rights; risks inherent in doing business internationally; changes in foreign laws and legal systems; our inability to introduce new products effectively or implement our innovation strategies; our inability to continue importing raw materials, component parts and/or finished goods; the incurrence of liabilities and the issuance of additional debt or equity in connection with acquisitions, joint ventures or divestitures and the failure of indemnification provisions in our acquisition agreements to fully protect us from unexpected liabilities; failure to manage acquisitions successfully, including identifying, evaluating, and valuing acquisition targets and integrating acquired companies, businesses or assets; the incurrence of additional expenses, increases in the complexity of our supply chain and potential damage to our reputation with customers resulting from regulations related to “conflict minerals”; disruptions or impediments to the receipt of sufficient raw materials resulting from various anti-terrorism security measures; restrictions contained in our debt agreements; failure to generate cash sufficient to pay the principal of, interest on, or other amounts due on our debt; failure to generate cash sufficient to pay dividends; challenges attracting and retaining key personnel or high-quality employees; future changes to tax legislation; failure to generate sufficient cash flow from operations or to raise sufficient funds in the capital markets to satisfy existing obligations and support the development of our business; and other risks and factors described from time to time in documents that we file with the SEC. The Company assumes no obligation to update the information contained herein, which speaks only as of the date hereof.

Non-GAAP Financial Information

This press release includes certain financial information, not prepared in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”). Because not all companies calculate non-GAAP financial information identically (or at all), the presentations herein may not be comparable to other similarly titled measures used by other companies. Further, these measures should not be considered substitutes for the performance measures derived in accordance with GAAP. See non-GAAP reconciliations below in this press release for a reconciliation of these measures to the most directly comparable GAAP financial measures.

Adjusted EBITDA and Adjusted EBITDA Margin

We use Adjusted EBITDA and Adjusted EBITDA margin in evaluating the performance of our business and in the preparation of our annual operating budgets as indicators of business performance and profitability. We believe Adjusted EBITDA and Adjusted EBITDA margin allow us to readily view operating trends, perform analytical comparisons and identify strategies to improve operating performance.

We define Adjusted EBITDA as net income (loss) before income taxes, adjusted to exclude unallocated expenses, depreciation and amortization, interest expense, net, stock-based compensation, loss on extinguishment of debt, gains and losses on the divestiture of a business, impairment of assets, certain legal matters, and other items, such as inventory reserves and adjustments, loss on disposal of property, plant and equipment, insurance recovery related to damages of property, plant and equipment, release of indemnified uncertain tax positions, realized or unrealized gain (loss) on foreign currency impacts of intercompany loans and related forward currency derivatives, gain on purchase of business, loss on assets held for sale, restructuring costs and transaction costs. We define Adjusted EBITDA margin as Adjusted EBITDA as a percentage of Net sales.

We believe Adjusted EBITDA and Adjusted EBITDA margin, when presented in conjunction with comparable GAAP measures, are useful for investors because management uses Adjusted EBITDA and Adjusted EBITDA margin in evaluating the performance of our business.

Adjusted Net Income and Adjusted Net Income per Share

We use Adjusted net income and Adjusted net income per share in evaluating the performance of our business and profitability. Management believes that these measures provide useful information to investors by offering additional ways of viewing the Company’s results that, when reconciled to the corresponding GAAP measure provide an indication of performance and profitability excluding the impact of unusual and certain non-cash items. We define Adjusted net income as net income before stock-based compensation, loss on extinguishment of debt, loss on assets held for sale, gains and losses on the divestiture of a business (including any additional tax adjustments related to those divestitures), insurance recoveries, asset impairment charges, intangible asset amortization, certain legal matters and other items, restructuring costs, accelerated depreciation, transaction costs, and the income tax expense or benefit on the foregoing adjustments that are subject to income tax. We define Adjusted net income per share as basic and diluted net income per share excluding the per share impact of stock-based compensation, intangible asset amortization, certain legal matters and other items, and the income tax expense or benefit on the foregoing adjustments that are subject to income tax.

Free Cash Flow

We define Free Cash Flow as net cash provided by (used in) operating activities, less capital expenditures. We believe that Free Cash Flow provides meaningful information regarding the Company’s liquidity.

ATKORE INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

Three months ended

Six months ended

(in thousands, except per share data)

March 27, 2026

March 28, 2025

March 27, 2026

March 28, 2025

Net sales

$

731,377

$

701,725

$

1,386,925

$

1,363,322

Cost of sales

595,261

516,608

1,124,876

1,007,117

Gross profit

136,116

185,117

262,049

356,205

Selling, general and administrative

107,914

99,040

207,465

190,492

Intangible asset amortization

6,282

10,166

12,593

21,864

Asset impairment charges

11,553

127,733

11,553

127,733

Operating income (loss)

10,367

(51,822

)

30,438

16,116

Interest expense, net

6,985

8,261

13,884

16,470

Litigation settlement expense

136,500

—

136,500

—

Other expense, net

25,612

6,426

23,285

7,559

Income (loss) before income taxes

(158,730

)

(66,509

)

(143,231

)

(7,913

)

Income tax expense (benefit)

(34,657

)

(16,452

)

(34,192

)

(4,193

)

Net income (loss)

$

(124,073

)

$

(50,057

)

$

(109,039

)

$

(3,720

)

Net income (loss) per share

Basic

$

(3.68

)

$

(1.47

)

$

(3.25

)

$

(0.11

)

Diluted

$

(3.65

)

$

(1.46

)

$

(3.21

)

$

(0.11

)

ATKORE INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(in thousands, except share and per share data)

March 27, 2026

September 30, 2025

Assets

Current Assets:

Cash and cash equivalents

$

442,336

$

506,699

Accounts receivable, less allowance for current and expected credit losses of $2,110 and $5,128, respectively

557,852

447,035

Inventories, net

401,063

484,845

Income tax assets

157,525

79,547

Prepaid expenses and other current assets

89,781

82,678

Assets held for sale

64,944

—

Total current assets

1,713,501

1,600,804

Property, plant and equipment, net

534,709

594,266

Intangible assets, net

127,020

160,758

Goodwill

287,533

294,485

Right-of-use assets, net

144,583

156,679

Deferred tax assets

27,474

35,863

Other long-term assets

13,556

9,067

Total Assets

$

2,848,376

$

2,851,922

Liabilities and Equity

Current Liabilities:

Short-term debt and current maturities of long-term debt

$

3,730

$

3,730

Accounts payable

253,743

241,246

Income tax payable

588

720

Accrued compensation and employee benefits

40,913

49,192

Customer liabilities

88,599

128,538

Lease obligations

26,420

26,995

Liabilities held for sale

21,203

—

Accrued settlement liabilities

136,500

—

Other current liabilities

78,223

74,098

Total current liabilities

649,919

524,519

Long-term debt

756,911

756,802

Long-term lease obligations

131,808

144,293

Deferred tax liabilities

13,446

13,451

Other long-term liabilities

15,395

14,516

Total Liabilities

1,567,479

1,453,581

Equity:

Common stock, $0.01 par value, 1,000,000,000 shares authorized, 33,767,094 and 33,665,258 shares issued and outstanding as of March 27, 2026 and September 30, 2025, respectively

338

338

Additional paid-in capital

539,899

526,600

Retained earnings

757,864

889,391

Accumulated other comprehensive loss

(17,204

)

(17,988

)

Total Equity

1,280,897

1,398,341

Total Liabilities and Equity

$

2,848,376

$

2,851,922

ATKORE INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Six months ended

(in thousands)

March 27, 2026

March 28, 2025

Operating activities:

Net income (loss)

$

(109,039

)

$

(3,720

)

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization

69,458

58,571

Asset impairment charges

11,553

127,733

(Gain) loss on sale of business

(2,275

)

6,101

Loss on assets held for sale

25,664

349

Deferred income taxes

348

(33,428

)

Stock-based compensation

16,868

13,810

Amortization of right-of-use assets

17,467

16,412

Provision for doubtful accounts and inventory

16,230

(677

)

Legal settlement expense

136,500

—

Other non-cash adjustments to net income

1,667

635

Changes in operating assets and liabilities, net of effects from acquisitions

Accounts receivable

(134,910

)

14,799

Inventories

36,699

(385

)

Prepaid expenses and other current assets

(6,001

)

(22,544

)

Accounts payable

28,258

(4,277

)

Accrued and other liabilities

(41,099

)

5,908

Lease assets and liabilities

(17,840

)

(14,556

)

Income taxes

(78,492

)

(7,560

)

Other, net

1,713

3,770

Net cash provided by (used in) operating activities

(27,231

)

160,941

Investing activities:

Capital expenditures

(26,226

)

(63,635

)

Proceeds from sale of a business

18,388

6,711

Proceeds from insurance claims

—

1,770

Other, net

(292

)

7,132

Net cash used in investing activities

(8,130

)

(48,022

)

Financing activities:

Repayments of long-term debt

(932

)

—

Issuance of common stock, net of shares withheld for tax

(3,568

)

(5,835

)

Repurchase of common stock

—

(100,026

)

Finance lease payments

(1,759

)

(1,363

)

Dividends paid to shareholders

(22,281

)

(21,989

)

Net cash used in financing activities

(28,540

)

(129,213

)

Effects of foreign exchange rate changes on cash and cash equivalents

(462

)

(4,706

)

Decrease in cash and cash equivalents

(64,363

)

(21,000

)

Cash and cash equivalents at beginning of period

506,699

351,385

Cash and cash equivalents at end of period

$

442,336

$

330,385

Six months ended

(in thousands)

March 27, 2026

March 28, 2025

Supplementary Cash Flow Information

Capital expenditures, not yet paid

$

1,391

$

2,373

Operating lease right-of-use assets obtained in exchange for lease liabilities

$

7,042

$

2,766

Free Cash Flow:

Net cash provided by operating activities

$

(27,231

)

$

160,941

Capital expenditures

(26,226

)

(63,635

)

Free Cash Flow:

$

(53,457

)

$

97,306

ATKORE INC.

ADJUSTED EBITDA

The following table presents reconciliations of Adjusted EBITDA to net income for the periods presented:

Three months ended

Six months ended

(in thousands)

March 27, 2026

March 28, 2025

March 27, 2026

March 28, 2025

Net income (loss)

$

(124,073

)

$

(50,057

)

$

(109,039

)

$

(3,720

)

Interest expense, net

6,985

8,261

13,884

16,470

Income tax expense (benefit)

(34,657

)

(16,452

)

(34,192

)

(4,193

)

Depreciation and amortization

33,340

29,238

69,458

58,571

Restructuring charges

4,128

595

5,656

916

Stock-based compensation

12,848

7,713

16,868

13,810

Litigation settlement expense

136,500

—

136,500

—

Transaction costs

4,020

174

10,291

209

Loss on assets held for sale

25,664

281

25,664

349

(Gain) loss on sale of business

—

6,101

(2,275

)

6,101

Asset impairment charges

11,553

127,733

11,553

127,733

Other (a)

4,745

2,822

5,831

(687

)

Adjusted EBITDA

$

81,053

$

116,408

$

150,199

$

215,558

(a) Represents other items, such as inventory reserves and adjustments, (gain) loss on disposal of property, plant and equipment, realized or unrealized (gain) loss on foreign currency impacts of intercompany loans, and insurance recoveries.

ATKORE INC.

SEGMENT INFORMATION

The following table presents reconciliations of Net sales and calculations of Adjusted EBITDA margin by segment for the periods presented:

Three months ended

March 27, 2026

March 28, 2025

(in thousands)

Net sales

Adjusted EBITDA

Adjusted
EBITDA
margin

Net sales

Adjusted EBITDA

Adjusted
EBITDA
margin

Electrical

$

532,457

$

74,351

14.0

%

$

492,677

$

90,943

18.5

%

Safety & Infrastructure

199,100

17,303

8.7

%

209,272

36,064

17.2

%

Eliminations

(180

)

(225

)

Consolidated operations

$

731,377

$

701,725

Six months ended

March 27, 2026

March 28, 2025

(in thousands)

Net sales

Adjusted EBITDA

Adjusted
EBITDA
margin

Net sales

Adjusted EBITDA

Adjusted
EBITDA
margin

Electrical

$

1,002,011

$

129,453

12.9

%

$

958,032

$

183,330

19.1

%

Safety & Infrastructure

385,352

47,490

12.3

%

405,997

51,643

12.7

%

Eliminations

(438

)

(707

)

Consolidated operations

$

1,386,925

$

1,363,322

ATKORE INC.

ADJUSTED NET INCOME PER DILUTED SHARE

The following table presents reconciliations of Adjusted net income to net income for the periods presented:

Three months ended

Six months ended

(in thousands, except per share data)

March 27, 2026

March 28, 2025

March 27, 2026

March 28, 2025

Net income

$

(124,073

)

$

(50,057

)

$

(109,039

)

$

(3,720

)

Stock-based compensation

12,848

7,713

16,868

13,810

Intangible asset amortization

6,282

10,166

12,593

21,864

Loss (gain) on sale of business

—

6,101

(2,275

)

6,101

Loss on assets held for sale

25,664

281

25,664

349

Asset impairment charges

11,553

127,733

11,553

127,733

Accelerated depreciation(b)

9,739

—

17,903

—

Restructuring charges(c)

4,128

—

4,128

—

Transaction costs(c)

4,020

—

4,020

—

Litigation settlement expense

136,500

—

136,500

—

Other (a)

4,745

2,822

5,831

(687

)

Pre-tax adjustments to net income

215,479

154,816

232,785

169,170

Tax effect

(49,560

)

(38,704

)

(53,886

)

(42,293

)

Additional tax expense related to divestiture of a business

—

3,946

—

3,946

Adjusted net income

$

41,846

$

70,001

$

69,860

$

127,103

Diluted weighted average common shares outstanding

33,959

34,290

33,933

34,660

Net income per diluted share

$

(3.65

)

$

(1.46

)

$

(3.21

)

$

(0.11

)

Adjusted net income per diluted share

$

1.23

$

2.04

$

2.06

$

3.67

(a) Represents other items, such as inventory reserves and adjustments, (gain) loss on disposal of property, plant and equipment, realized or unrealized (gain) loss on foreign currency impacts of intercompany loans and insurance recoveries.

(b) Additional depreciation related to plant closures described in Note 5, “Restructuring Charges.”

(c) Beginning in the second quarter of fiscal 2026, restructuring charges and transaction costs will be included as adjustments to adjusted net income. These charges have historically been included as adjustments to adjusted EBITDA.

ATKORE INC.

NET DEBT

The following table presents reconciliations of Net debt to Total debt for the periods presented:

($ in thousands)

March 27,
2026

December
26, 2025

September
30, 2025

June 27, 2025

March 28,
2025

December 27,
2024

Short-term debt and current maturities of long-term debt

$

3,730

$

3,730

$

3,730

$

—

$

—

$

—

Long-term debt

$

756,911

$

757,323

$

756,802

$

764,387

$

765,913

$

765,375

Total debt

760,641

761,053

760,532

764,387

765,913

765,375

Less cash and cash equivalents

442,336

443,771

506,699

331,017

330,385

310,444

Net debt

$

318,305

$

317,282

$

253,833

$

433,370

$

435,528

$

454,931

TTM Adjusted EBITDA (a)

$

321,035

$

356,390

$

386,356

$

455,629

$

561,833

$

657,338

(a) TTM Adjusted EBITDA is equal to the sum of Adjusted EBITDA for the trailing four quarter period. The reconciliation of Adjusted EBITDA for the quarter ended December 26, 2025 can be found in Exhibit 99.1 to Form 8-K filed February 3, 2026 and is incorporated by reference herein. The reconciliation of Adjusted EBITDA for the quarter ended September 30, 2025 can be found in Exhibit 99.1 to Form 8-K filed November 26, 2025 and is incorporated by reference herein. The reconciliation of Adjusted EBITDA for the quarter ended June 27, 2025 can be found in Exhibit 99.1 to Form 8-K filed August 5, 2025 and is incorporated by reference herein. The reconciliation of Adjusted EBITDA for the quarter ended March 28, 2025 can be found in Exhibit 99.1 to Form 8-K filed May 6, 2025 and is incorporated by reference herein. The reconciliation of Adjusted EBITDA for the quarter ended December 27, 2024 can be found in Exhibit 99.1 to Form 8-K filed February 4, 2025 and is incorporated by reference herein.

ATKORE INC.

TRAILING TWELVE MONTHS ADJUSTED EBITDA

The following table presents a reconciliation of Adjusted EBITDA for the trailing twelve months (TTM) ended March 27, 2026:

TTM

Three months ended

(in thousands)

March 27, 2026

March 27, 2026

December 26,
2025

September 30,
2025

June 27, 2025

Net income (loss)

$

(120,497

)

$

(124,073

)

$

15,034

$

(54,420

)

$

42,962

Interest expense, net

30,683

6,985

6,899

7,926

8,873

Income tax expense (benefit)

(33,414

)

(34,657

)

465

(11,350

)

12,128

Depreciation and amortization

135,421

33,340

36,118

36,929

29,033

Restructuring charges

7,589

4,128

1,527

1,331

602

Stock-based compensation

26,619

12,848

4,020

2,505

7,246

Litigation settlement expense

136,500

136,500

—

—

—

Loss on the extinguishment of debt

795

—

—

795

—

Transaction costs

10,374

4,020

6,271

42

41

Loss (gain) on assets held for sale

25,572

25,664

—

103

(195

)

(Gain) loss on sale of business

(2,133

)

—

(2,275

)

142

—

Asset impairment charges

98,207

11,553

—

86,654

—

Other (a)

5,318

4,745

1,086

258

(771

)

Adjusted EBITDA

$

321,035

$

81,053

$

69,146

$

70,915

$

99,921

(a) Represents other items, such as inventory reserves and adjustments, (gain) loss on disposal of property, plant and equipment, realized or unrealized (gain) loss on foreign currency impacts of intercompany loans, and insurance recoveries.

More News From Atkore Inc.

Atkore Inc. (ATKR) Q2 2026 Earnings Call Transcript

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HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, and solar applications, today announced that John Deitzer, Chief Financial Officer, and Matt Kline, Vice President of Treasury & Investor Relations, are scheduled to participate in investor meetings at the KeyBanc Industrials & Basic Materials Conference on May 27, 2026 in Boston, MA.

To learn more about Atkore Inc. please visit the company's website at https://investors.atkore.com

About Atkore Inc.

Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, and solar applications. With 5,400 employees and $2.9B in sales in fiscal year 2025, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit www.atkore.com.

Dissemination of Company Information

Atkore intends to make future announcements regarding company developments and financial performance through its website, www.atkore.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, media broadcasts, and webcasts.

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Philadelphia, Pennsylvania--(Newsfile Corp. - May 15, 2026) - Kaskela Law LLC announces that it is investigating potential breach of fiduciary duty claims concerning Atkore Inc. (NYSE: ATKR) on behalf of the company's long-term shareholders.

Click here for additional information: https://kaskelalaw.com/case/atkore/

Recently an amended securities fraud complaint was filed against Atkore on behalf of certain investors who purchased shares of the company's stock between August 2, 2022 and August 4, 2025 (the "Wrongdoing Period").

According to the complaint, through a series of partial disclosures beginning in May 2024, investors slowly learned the truth about Atkore's scheme to artificially inflate the price of PVC Pipe. The complaint further details how, following such disclosures, shares of the company's stock declined in value from a Wrongdoing Period high of $190.00 per share to under $60.00 per share in August 2025.

The investigation seeks to determine whether the members of Atkore's board of directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct.

Current Atkore shareholders who purchased or acquired their shares prior to August 4, 2025 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 - 0750 for additional information about this investigation and their legal rights and options.

Alternatively, investors may submit their information to the firm by clicking on the following link (or if necessary, by copying and pasting the link into your browser):

https://kaskelalaw.com/case/atkore/

ABOUT KASKELA LAW:

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis, which means that the firm's clients never pay any out-of-pocket costs for legal representation. For additional information about Kaskela Law LLC, including the firm's recent notable recoveries for investors, please visit www.kaskelalaw.com.

This communication may constitute attorney advertising in certain jurisdictions.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297568

Source: Kaskela Law LLC

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Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.

A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Atkore Inc. (ATKR - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 11.1%, the stock of this company is certainly well-positioned in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. ATKR meets this criterion too, as the stock gained 34.9% over the past 12 weeks.

Moreover, the momentum for ATKR is fast paced, as the stock currently has a beta of 1.66. This indicates that the stock moves 66% higher than the market in either direction.

Given this price performance, it is no surprise that ATKR has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped ATKR earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, ATKR is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. ATKR is currently trading at 0.97 times its sales. In other words, investors need to pay only 97 cents for each dollar of sales.

So, ATKR appears to have plenty of room to run, and that too at a fast pace.

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Few investors command more credibility than Warren Buffett. During the six decades he led Berkshire Hathaway (NYSE:BRK-A | BRK-A Price Prediction)(NYSE:BRK-B), shareholders enjoyed a cumulative return of roughly 6,099,294%! That works out to a 19.7% compound annual growth rate, compared with approximately 46,000% for the S&P 500, or 10.5% annually.

Yet Buffett has long argued that most investors should avoid stock-picking altogether. At Berkshire Hathaway’s annual meetings and in shareholder letters, he has repeatedly recommended a low-cost S&P 500 index fund as the best choice for most retirement savers.

And investors have listened. Funds are flowing into index funds at record levels. Vanguard’s S&P 500 ETF (NYSEARCA:VOO) recently became the first exchange-traded fund (ETF) in history to surpass $1 trillion in assets under management. But by following Buffett’s advice, investors are putting their retirement portfolios at significant risk.

Buffett’s Advice Helped Create a Trillion-Dollar ETF According to Reuters, the S&P 500 ETF has attracted $69 billion of net inflows so far in 2026, following $118 billion in 2024 and $138 billion in 2025. No ETF has attracted more investor money this year.

Certainly, “buying the market” has looked particularly attractive, too. The S&P 500 completed nine consecutive weeks of gains last week, climbing to fresh all-time highs, and rewarding investors who stayed the course. While the index is on track this week to see that string broken, as artificial intelligence stocks sold off following Broadcom‘s (NASDAQ:AVGO) disappointing earnings report, the market is still up 10.7% in 2026.

Yet that very response shows why investors are putting themselves in danger. They believe they are getting broad market diversification, but in reality they are buying the same stocks that have sent the S&P to new heights. The numbers tell the story.

The Diversification Investors Think They Own Investors buying VOO, SPDR S&P 500 ETF (NYSEARCA:SPY), or iShares Core S&P 500 ETF (NYSEARCA:IVV) often believe they’re reducing risk by spreading their money across 500 companies.

And while they are buying those stocks, the reality is more concentrated. According to MacroMicro data, the 10 largest stocks in the S&P 500 represented 37.5% of the index’s total market capitalization at the end of May. While that is down from the all-time high of 43% reached in March, it is still one of the greatest concentrations historically.

Consider, 10 years ago, the S&P 500’s top 10 stocks represented just 15.3% of the index’s market cap, and when Buffett told shareholders at Berkshire’s annual meeting five years later they would be better off buying index funds than individual stocks, they only represented 27.2%. The concentration has increased by nearly 38% since then.

Of those 10 stocks, seven of them are directly tied to the AI boom:

Nvidia (NASDAQ:NVDA) Alphabet (NASDAQ:GOOG) and (NASDAQ:GOOGL) Microsoft (NASDAQ:MSFT) Amazon (NASDAQ:AMZN) Taiwan Semiconductor Manufacturing (NYSE:TSM) Broadcom In other words, investors buying index funds to avoid concentration risk are increasingly buying the very same stocks driving AI enthusiasm and pushing market valuations higher.

What Happens If the AI Trade Slows? Retirement investing is about protecting purchasing power over decades, not maximizing returns over a single year. That’s where concentration becomes a concern.

If AI spending continues expanding, index investors will likely benefit. But if corporate AI budgets slow, data center spending moderates, or earnings growth misses expectations, as occurred with Broadcom, the same stocks that powered the market higher could weigh heavily on index performance.

Regardless of how you look at it, an index where 10 stocks account for more than one-third of its value carries a different risk profile than one where those same stocks represented 15% a decade ago.

Buying the market used to mean buying broad diversification. Today, it increasingly means making a large bet on a handful of technology leaders.

Key Takeaway In short, Buffett’s advice remains sound in principle, but investors should recognize how much the market has changed since he first championed index funds.

VOO, SPY, and IVV remain useful investment vehicles. However, they no longer provide the same level of diversification they once did because a small group of AI-driven giants now dominates the index.

When all is said and done, retirement investors shouldn’t assume that buying an S&P 500 fund automatically eliminates concentration risk. The data shows the opposite. Understanding what you actually own — not what you think you own — may be the most important retirement planning lesson of all.

According to the latest report, the stock portfolio of Berkshire Hathaway (BRKA +0.33%) (BRKB +0.06%), the company Warren Buffett built, had 67% of its assets in just five stocks. Should you copy that? My answer would be no. Permit me to explain why.

Image source: The Motley Fool.

First, though, here are the five stocks:

Stock

Recent Market Value of Stake

% of Berkshire Portfolio

Apple

$57.8 billion

21.99%

American Express

$45.9 billion

17.43%

Coca-Cola

$30.4 billion

11.56%

Bank of America

$25.0 billion

9.52%

Chevron

$17.5 billion

6.64%

Data source: WhaleWisdom.com, as of June 3.

There are several reasons you might not want to copy Berkshire:

You might know little about the companies in question, in which case you should not devote your hard-earned dollars to them. We never learn in real time whether Berkshire has been adding to or shrinking -- or eliminating -- its position in any company. So you might buy shares of a company that you soon learn Berkshire has been selling. If you own only the five stocks, that's a lot of concentration -- you'll have too many eggs in one basket. That can be less problematic for expert investors like Buffett and his successor investors, such as the new CEO, Greg Abel, and Ted Weschler, who has been investing billions for Berkshire for many years now. But for us regular investors, that's risky. It's possible that Berkshire's stock portfolio might not perform as well in the future as it did under Buffett. Of course, you might invest in all the stocks in Berkshire's portfolio in one easy move -- by investing in Berkshire Hathaway itself. You'll then be a part owner of dozens of wholly owned subsidiaries such as GEICO, Benjamin Moore, NetJets, Dairy Queen, McLane, and the entire BNSF railroad, along with lots of stock positions in various companies. Berkshire recently had close to $400 billion in cash, so further additions are likely in the coming years. Even Berkshire is buying Berkshire shares.

Bank of America is an advertising partner of Motley Fool Money. American Express is an advertising partner of Motley Fool Money. Selena Maranjian has positions in American Express, Apple, and Berkshire Hathaway. The Motley Fool has positions in and recommends American Express, Apple, Berkshire Hathaway, and Chevron. The Motley Fool has a disclosure policy.

Warren Buffett transformed Berkshire Hathaway (BRKA +0.33%) (BRKB +0.06%) from a failing textile company into a massive trillion-dollar conglomerate over his 60 years as CEO. At the core of the transformation is an investment philosophy rooted in buying excellent companies at a fair value and holding them for the long run, preferably forever.

In the last few years of his tenure as CEO, Buffett found few great investment opportunities, allowing Berkshire's cash pile to grow to nearly $400 billion. Greg Abel has shown a willingness to start deploying relatively small chunks of that capital in his first few months as CEO, and he recently agreed to a deal that would put about $8.5 billion of Berkshire's cash to work in an acquisition that follows in Buffett's footsteps.

Image source: Getty Images.

Meet the next Berkshire Hathaway company On May 31, Berkshire Hathaway announced plans to acquire Taylor Morrison Home (TMHC 0.01%) for approximately $6.8 billion in cash. When you add the company's existing debt, the deal's enterprise value is $8.5 billion. (Berkshire will likely retire that debt with its cash pile.)

Abel's decision to buy the homebuilder comes at a time when the industry is facing challenges due to high mortgage rates and expensive housing prices. That's led to bargain-priced valuations for some industry stocks, and Abel wasn't afraid to pounce on the opportunity.

The deal he struck has Berkshire paying just over 1.1 times book value and 9 times trailing earnings for the stock. Despite the premium paid over the prevailing stock price at the time, that's still a lower valuation than practically every other company in the beaten-down industry.

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But the long-term outlook for homebuilders in America remains solid. There's a housing shortage in the United States. A recent White House report says the U.S. needs 10 million new homes. That's a massive opportunity.

Scale can be a key advantage in the current market, though, as larger homebuilders can manage overhead and exercise greater purchasing power to acquire land and materials at lower costs. To that end, Berkshire plans to combine Taylor Morrison's operations with its own Clayton Homes to create a top-five homebuilder.

That makes Abel's first major acquisition very much a Buffett-type move. He took the opportunity to buy a beaten-down company facing cyclical headwinds and requiring patience to realize its full value. What's more, it's a business that may be more valuable under the Berkshire umbrella than as a stand-alone company, thanks to complementary businesses within Berkshire.

What Abel's big move could mean for its equity portfolio Berkshire Hathaway owned stakes in two other homebuilders as of its most recent quarterly update: Lennar and NVR. Both positions are relatively small, worth only about $1 billion total as of this writing. If Abel is extremely bullish on the housing sector, he might keep both holdings, but considering they compete with Taylor Morrison, it would make just as much sense for Berkshire to liquidate them.

Abel has shown a willingness to consolidate Berkshire's equity holdings, eliminating many of the stocks bought by former investment manager Todd Combs in the first quarter, as well as several other smaller positions. That suits Abel's strengths as an operator first and portfolio manager second. Whereas Buffett was well known for his investment acumen, Abel has a very limited track record. As such, it makes sense that Abel would sell Lennar and NVR, but that doesn't mean either is a bad investment right now.

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Abel is showing a swiftness in deal-making that Buffett hasn't shown for years. He was instrumental in the OxyChem acquisition last year and oversaw the Tokio Marine investment this year. That could mean focusing on fully acquiring relatively small companies at a good value while allocating the marketable equity portfolio to fewer, much larger companies that can make a serious dent in Berkshire's cash pile. The most recent example of the latter is Alphabet, where Abel has put over $20 billion of cash to work since taking the CEO position.

Abel is certainly making Berkshire his own, but investors can clearly see the impact of Buffett in his most recent move.

In Q1 2026, investment management behemoth Berkshire Hathaway NYSE: BRK.B made a portfolio decision that few saw coming. According to its 13F SEC filing, Berkshire took a new position in Macy’s NYSE: M—one of the United States' most iconic department stores.

Macy's Today

M

Macy's

$25.57 +0.53 (+2.12%)

As of 03:32 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$10.54▼

$25.65Dividend Yield3.01%

P/E Ratio10.57

Price Target$20.30

While Macy’s has closed many locations since its peak in 2015, the firm still remains one of the top names in its industry. In fact, in 2024, Macy’s ranked as the world’s largest department store based on sales, with revenue of approximately $23.7 billion.

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However, this would not be immediately apparent from the trajectory of Macy’s stock. Overall, shares are down around 50% from their all-time high reached in 2015. Meanwhile, Macy’s market capitalization has fallen from nearly $25 billion to around $6 billion, losing 75% of its value in 11 years.

Given the massive shift toward e-commerce, Macy’s has become a stock that few investors would think to consider. However, Berkshire clearly sees something in this retail name, investing $55 million. Let’s break down where Macy’s has been and where it is today to try to understand why Berkshire sees value in this stock.

Macy’s Fall From Grace: Stores, Revenue, and Margins SinkAs noted, Macy’s has seen a significant drop in its store count in the span of the past decade or so. In 2016, Macy’s had over 850 total stores. This included over 700 of its flagship Macy's-branded stores, over 50 Bloomingdale's stores, and over 70 Bluemercury stores.

Today, the total store count has fallen to less than 675. The reduction in Macy’s-branded storefronts has driven all of this decline, with there now being fewer than 450 physical locations. Meanwhile, Bloomingdale's and Bluemercury locations have actually increased, with store counts of over 60 and 150, respectively.

Last 12 months' revenue came in at $22.7 billion, down meaningfully since 2024 and down around 19% from its calendar 2014 peak of $28.1 billion. Macy’s operating margin hit a very thin 2.3% in its latest quarter, well down from its level of over 6% during the comparable quarter in 2014.

Considering these metrics, it starts to become much clearer why Macy’s market capitalization has fallen so drastically. However, looking over a shorter timeline, Macy’s has shown improvements in its business—demonstrated by its recently released earnings report.

Macy’s Posts Huge Adjusted EPS Beat, Raises GuidanceMacy’s reported its Q1 2026 earnings in early June—putting up solid numbers on several fronts. (Note that the firm’s fiscal reporting period is slightly behind the calendar period.) The company posted revenue of $4.89 billion, an increase of 1.8% year over year (YOY), and significantly above estimates of $4.61 billion.

Adjusted earnings per share (EPS) rose by 18% YOY to 13 cents, drastically better than anticipated. Analysts expected adjusted EPS of just 2 cents, implying a drop of 82% YOY. The company attributed this outperformance to sales growth that far exceeded expectations.

Comparable sales, which eliminate the effect of store count changes, rose 3% YOY—its strongest growth since 2022. This contrasted with Macy’s comparable sales growth guidance of 0.5% to 1.5% and growth of -2% from a year ago. Additionally, Macy’s achieved its huge adjusted EPS beat despite a 4-cent tariff headwind.

Macy’s also raised its guidance for the full year. The company now expects midpoint comparable sales growth of 0.85%, compared to 0% previously. Its midpoint adjusted EPS guidance now sits at $2.10, up from $2. Its updated adjusted EPS guidance implies a YOY decline of 9.5%.

One of Macy’s key initiatives is to revamp its Macy's-branded stores. This comes as luxury brands Bloomingdale's and Bluemercury are growing much faster, with comparable sales rising 10.2% YOY and 6.4% YOY, respectively. Meanwhile, Macy's-branded comparable sales grew just 1.6% YOY.

To fix this, the company is improving Macy’s stores through its “Reimagine” initiative. Reimagine improvements include altering the mix of merchandise and visual marketing within the stores. The 200 Macy’s locations that have already undergone Reimagine improvements showed better comparable sales growth of 2.4%. This provides evidence that the Reimagine strategy is paying off.

Macy’s: A Recovering Company With a Lot Left to ProveMacy's Stock Forecast Today12-Month Stock Price Forecast:
$20.30
-20.10% Downside

Reduce
Based on 14 Analyst Ratings

Current Price$25.41High Forecast$27.00Average Forecast$20.30Low Forecast$9.00Macy's Stock Forecast Details

Overall, there are some clear reasons why Macy’s would be attractive to Berkshire. While the company has struggled mightily over the past decade, its recent improvements are real. Still, it is worth noting that Berkshire is not making a big bet on this stock. At $55 million, it represents a tiny fraction of the firm’s overall equity portfolio of over $250 billion. Should Macy’s continue to make progress on its recovery, it is possible that Berkshire could increase its position over time.

Notably, Wall Street analysts are not overly optimistic. The MarketBeat consensus price target of $20.30 implies around 10% downside in shares. The average of two targets updated after the firm’s report is $25, implying moderate upside.

Should You Invest $1,000 in Macy's Right Now?Before you consider Macy's, you'll want to hear this.

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Although Warren Buffett stepped down as CEO of Berkshire Hathaway at the end of last year, he's likely still involved in capital allocation decisions behind the scenes. CEO Greg Abel is now running the show.

Based on recent investments that the conglomerate made, the Oracle of Omaha and his successor are incredibly bullish on a monster artificial intelligence (AI) stock.

Image source: Getty Images.

Alphabet (GOOGL +0.74%) (GOOG +0.57%) recently revealed plans to raise nearly $85 billion in equity capital to fund its AI infrastructure investments. This announcement wasn't the only surprise.

The market also learned that Berkshire Hathaway will invest $10 billion through a private placement, evenly split between Alphabet's Class A and Class C shares. This will significantly increase the company's stake in the "Magnificent Seven" stock, as the conglomerate owned nearly 58 million Alphabet Class A shares as of March 31, making it the fifth-largest holding.

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There are some key takeaways from this news.

Even the most financially sound enterprises need more capital than anticipated to fund the AI boom. Meta Platforms might also raise fresh equity capital to power its AI ambitions. The level of spending across the industry is groundbreaking.

With Berkshire Hathaway on its side, though, Alphabet is receiving a valuable stamp of approval, which might signal confidence to the rest of the market.

And with Abel now in the CEO seat, the latest moves might indicate that the conglomerate is further warming up to the tech sector.

Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Berkshire Hathaway, and Meta Platforms. The Motley Fool has a disclosure policy.

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For the First Time in Brand History, Duracell Transforms the Battery Cell Itself, Featuring Messi’s Iconic Tattoos to Celebrate the “Messi Reboot” Campaign

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Duracell, the world’s leading disposable battery manufacturer, today announced the official retail rollout of its highly anticipated limited-edition battery packs in partnership with the GOAT, Lionel Messi. Following the launch of Duracell’s "Messi Reboot" campaign this spring, these first-of-their-kind packs are now available at major retailers, bringing the power behind the GOAT directly to fans ahead of this summer’s premier global soccer tournament.

From the stadium lights to the living room, these packs allow fans to power their game-day experience with a unique piece of soccer history.

Share The collaboration introduces a historic milestone for the brand, marking the first time in Duracell’s history that a celebrity-inspired design has been incorporated directly onto the battery cells. Each battery in the limited-edition packs features a design inspired by the artistry on Messi’s legendary left leg—the precise powerhouse behind his historic career. By channeling the exact limb that drives his unmatched strikes and agility, this collection transforms a household necessity into a premium collector’s item. Engineered with Duracell’s exclusive PowerBoost™ Ingredients, the batteries deliver maximum power, mirroring the high-intensity energy and technical precision Messi unleashes from his dominant leg every time he steps onto the pitch.

“We wanted to give fans a unique way to power their passion for the soccer tournament this summer,” said Javier Hernández, Global CMO at Duracell. “Bringing Messi’s iconic left leg tattoos onto our batteries is a first in brand history allowing us to merge his legendary performance with Duracell’s most advanced power delivering trusted power all summer long.”

From the stadium lights to the living room, these packs allow fans to power their game-day experience with a unique piece of soccer history. The limited edition Duracell x Messi collection is available now at all major retailers across North America, including Walmart, Amazon, and Lowe’s, just in time for the world’s biggest sporting tournament this summer.

Fans who purchase participating Duracell products will have the opportunity to win premium soccer gear and limited-edition merchandise signed by Messi himself through a national sweepstakes running now through August 30th. More details and entry forms are available at SoccerSweeps.Duracell.com.

About Duracell

Started in the 1920s, the Duracell brand and company was acquired by Berkshire Hathaway Inc. (NYSE-BRK.A, BRK.B) in 2016 and has grown to be the leader in the primary battery market in North America. The iconic Duracell brand is known the world over. Our products serve as the heart of devices that keep people connected, protect their families, entertain them, and simplify their increasingly mobile lifestyles. Visit www.duracell.com for more information.

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Recently, Warren Buffett said that the almost 10% pullback we saw in February was not big enough to get Berkshire Hathaway (NYSE: BRK-B | BRK-B Price Prediction) excited. He pointed out that he has seen the stock market down 50% three times in his career, so a small pullback like we saw this year was nowhere near enough to create the opportunities needed to justify using some of the gigantic cash pile that Berkshire Hathaway has stuffed into Treasury T-bills. The Buffett indicator, the metric most important for justifying stock purchases at Berkshire Hathaway, compares the value of corporate equities to gross domestic product. At a whopping 230%, it is nowhere near the 70% to 80% range that Buffett has noted in the past is a solid level for buying stocks. He has also pointed out that investors are playing with fire at or above the 200% level, as was the case in 1999 and 2000.

The gigantic rally over the past five years, from June 2021 to today, is impressive. The S&P 500 is up a stunning 75%, including years with massive selloffs, like 2022. But the surge over the past two years has been propelled by first the Magnificent 7 mega-cap tech companies, then artificial intelligence and data center chip stocks, which have been very narrow, as most of the S&P has not participated in the huge gains. In fact, technology stocks now account for approximately 32% of the S&P 500’s total market value, with the five largest tech companies alone making up nearly 30% of the index. This extreme concentration has dramatically skewed the benchmark’s performance, as a handful of tech giants have been responsible for the overwhelming majority of the index’s recent gains.

Berkshire’s 11% underperformance relative to the S&P 500 in 2026 boils down to a few compounding and frustrating headwinds: a $397 billion cash pile earning T-bill yields while the market rallied hard, a deliberate retreat from equities that proved ill-timed, and a leadership transition that shook investor confidence. Its sheer size makes transformative acquisitions nearly impossible, and its “old economy” tilt toward railroads, insurance, and energy meant it sat out the AI-driven tech surge that powered index returns. Remember, the only reason the S&P 500 and the Nasdaq are up this year is the technology sector’s outperformance. In short, Berkshire got penalized for being cautious and boring, though for patient, long-term investors, that may ultimately prove to be a feature, not a bug.

Here are the five reasons why Berkshire Hathaway is my favorite stock for the rest of 2026 and the next 20 years.

Gigantic Pile of Cash Berkshire Hathaway is sitting on the largest cash pile in its history: $397.4 billion at the end of Q1 2026, equal to roughly 59% of its investable assets. In fact, it’s enough cash to buy 470 to 480 of the S&P 500 companies. That massive reserve acts as a powerful safety net in the event of a recession or market downturn, while giving CEO Greg Abel tremendous flexibility to pursue attractive acquisitions or make bold capital investments in businesses Berkshire already owns. When the right deal finally appears—and it always does—this kind of financial firepower is truly exceptional.

Strong Earnings Berkshire’s operating earnings rose 18% to $11.35 billion in Q1 2026, boosted by a robust 28.5% jump in insurance underwriting profit to $1.72 billion. Net income more than doubled to $10.1 billion. This isn’t just accounting noise;  it’s a clear reflection of genuine operational strength across Berkshire’s massive portfolio of businesses.

Portfolio Built to Withstand Disruption Over the past 60 years, Berkshire has assembled a portfolio of operating businesses and investments that are remarkably resilient to disruption from AI and emerging technologies. Railroads, insurance, energy, and consumer staples form the core. These are classic businesses protected by wide, durable competitive moats that are unlikely to be upended overnight.

Buybacks Have Started Berkshire ended its 21-month buyback moratorium because its shares finally became attractive enough to repurchase. The price-to-book ratio fell to 1.4 in March, well below the 60% to 80% premium range that had kept buybacks on hold for nearly two years. Consistent with Berkshire’s long-standing policy, the company repurchases shares only when management believes the stock is trading below its intrinsic value. The resumption of buybacks is therefore a clear signal that they view the current price as undervalued. If they think it is, investors will, too.

The Right Man to Lead the Way Abel personally purchased $15 million of Berkshire shares. That amount is roughly equal to his entire after-tax annual salary. In addition, he has committed to repeating the buy each year going forward. Given his decades-long tenure at the company, Abel is unlikely to make abrupt changes to Berkshire’s direction. However, his more active management approach could still unlock meaningful growth in the years ahead. Having skin in the game and maintaining strong cultural continuity send a powerful positive signal that will likely resonate with investors for decades to come.

Berkshire’s Wholly Owned Private Companies Owning shares of Berkshire Hathaway means also owning an impressive list of private companies in the portfolio.

Insurance

GEICO (auto insurance) General Re (reinsurance) Berkshire Hathaway Reinsurance Group Alleghany Kansas Bankers Surety Transportation and Logistics

BNSF Railway (one of the largest freight railroads in North America) FlightSafety International (pilot training) NetJets (fractional aircraft ownership) Energy and Utilities

Berkshire Hathaway Energy (parent of MidAmerican Energy, PacifiCorp, NV Energy, Northern Powergrid) Manufacturing and Industrial

Marmon Holdings (100+ industrial businesses) Precision Castparts (aerospace/industrial components) IMC International Metalworking Companies Acme Brick OxyChem (acquired in January 2026 for $9.7 billion, the most recent major addition) Retail and Consumer

Dairy Queen See’s Candies Ben Bridge Jeweler Borsheims Fine Jewelry Nebraska Furniture Mart Building and Home

Benjamin Moore (paints) Clayton Homes (manufactured housing) Shaw Industries (flooring) Johns Manville (insulation/building products) Finance and Services

Berkshire Hathaway HomeServices (real estate brokerage) CORT Business Services (furniture rental) Berkadia (mortgage financing, 50% JV) Berkshire has a staggering 800 subsidiaries worldwide, but these are the flagship names that drive the bulk of operating earnings.

The Wrap Up The Berkshire Hathaway shares are trading roughly 10% off their all-time high, sitting on a record cash pile, with buybacks just resuming and a new CEO who’s eating his own cooking. For long-term investors, that’s a rare combination. That said, always do your own due diligence before investing. With an overbought stock market and the AI/data center trade still dominating investor sentiment, this may be the best opportunity to own a legendary company.

If you are building a portfolio you intend to never touch again, Berkshire Hathaway (NYSE:BRK-B | BRK-B Price Prediction) warrants a central role, because it is engineered to compound capital across decades regardless of who is in the White House, what the Federal Reserve is doing, or which sector is in fashion.

Pillar One: A Business Built to Outlast Cycles Berkshire operates more like a privately run economy than a single stock. It wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River, and NetJets, alongside meaningful stakes in Kraft Heinz (26.7%), American Express (18.8%), Coca-Cola (9.32%), Bank of America (11.9%), and Apple (6.3%). The structural bias is exactly what a retirement investor wants: cyclical, cash-rich businesses like insurance (GEICO), railroads (BNSF), and utilities that are mathematically primed to benefit from the simple reality that the U.S. and global economies spend significantly more time expanding than contracting. The BEA data confirms it: across the last 20 quarters, only two showed negative GDP growth.

Pillar Two: Compounding Without a Dividend Check Berkshire pays no dividend, and that is by design. Instead of mailing income out, management reinvests every dollar at high rates of return and runs a premier capital return program through buybacks. Operating cash flow has held in a tight band for a decade, from $30.6 billion in 2024 to $49.2 billion in 2023, with $45.97 billion generated in 2025 and $10.4 billion in Q1 2026 alone. Recent annual equity repurchases include $9.17 billion in 2023 and $27.06 billion in 2021, with a 1,220,376-share repurchase on May 1, 2026. Every buyback quietly increases your ownership of the entire conglomerate.

Pillar Three: Designed to Survive What Kills Other Stocks The balance sheet is the moat under the moat. Debt-to-equity sits at 0.19, interest coverage at 11.6 times, and beta at 0.617, meaning the stock moves less than the market by design. Even in the 2022 mark-to-market storm that produced a $22.06 billion net loss, operating cash generation stayed at $37.2 billion. Insurance float gives Berkshire low-cost capital precisely when capital is most expensive elsewhere, which is why it buys when others are forced to sell.

When It Lags, and Why That Is Fine Berkshire will underperform during speculative bull markets driven by narrow technology rallies. Over the past year, BRK-B is down 1.13% while the S&P 500 ETF returned 22.91%. Over a decade, the gap is much smaller: BRK-B has returned 244.08% against the S&P 500 ETF’s 250.86%, with materially less drawdown risk along the way. The conservatism that causes the lag is the same conservatism that allows the company to be standing, and buying, when the cycle turns. Succession is in place: Greg Abel is the successor to Warren Buffett, and the operating culture he inherits is decentralized, owner-aligned, and unchanged.

With a trailing P/E of 15 and diluted EPS of $33.58, the valuation is rational. For long-horizon investors, the structure favors patient ownership.

Berkshire Hathaway B (BRK.B - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this company have returned +0.4% over the past month versus the Zacks S&P 500 composite's -0.2% change. The Zacks Insurance - Property and Casualty industry, to which Berkshire Hathaway B belongs, has gained 1.2% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Berkshire Hathaway B is expected to post earnings of $5.19 per share, indicating a change of +0.4% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The consensus earnings estimate of $20.82 for the current fiscal year indicates a year-over-year change of +1%. This estimate has changed +2.8% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $21.59 indicates a change of +3.7% from what Berkshire Hathaway B is expected to report a year ago. Over the past month, the estimate has changed +1.4%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Berkshire Hathaway B.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of Berkshire Hathaway B, the consensus sales estimate of $95.3 billion for the current quarter points to a year-over-year change of +3%. The $385.6 billion and $404.9 billion estimates for the current and next fiscal years indicate changes of +3.8% and +5%, respectively.

Last Reported Results and Surprise HistoryBerkshire Hathaway B reported revenues of $93.68 billion in the last reported quarter, representing a year-over-year change of +4.4%. EPS of $5.25 for the same period compares with $4.47 a year ago.

Compared to the Zacks Consensus Estimate of $95.1 billion, the reported revenues represent a surprise of -1.5%. The EPS surprise was +8.92%.

Over the last four quarters, Berkshire Hathaway B surpassed consensus EPS estimates two times. The company topped consensus revenue estimates times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Berkshire Hathaway B is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Berkshire Hathaway B. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

WeMaintain

Otis and WeMaintain leadership teams. Pictured left to right is Nora LaFreniere, Executive Vice President & General Counsel, Otis Worldwide Corporation; Judy Marks, Chair, Chief Executive Officer and President, Otis Worldwide Corporation; Jade Francine, Chief Growth Officer, WeMaintain; Benoit Dupont, Chief Executive Officer, WeMaintain.

(PRNewsfoto/Otis Worldwide Corporation) , /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation, service and modernization, and WeMaintain today announced that they have closed an agreement under which Otis will acquire a majority stake in WeMaintain, a fast-growing, technology-enabled service company for the elevator and escalator industry. The investment reflects Otis' continued focus on advancing service and service technology to deliver the best possible solutions for customers.

"Service is the foundation of our business, and innovation in how service is delivered is increasingly important as customers seek greater reliability and better visibility into performance," said Judy Marks, Chair, CEO and President, Otis Worldwide Corp. "WeMaintain has built a strong technology platform and agile operating model that reflects how quality service is delivered in a fast-paced, digital and customer centric environment. We are confident in their growth potential and believe this investment supports their continued success while creating long-term value for both organizations." 

"Otis' investment allows us to stay focused on what we do best – continuing to build and advance our technology and scale our business as an independent company," said Benoit Dupont, WeMaintain CEO. "With the stability and support of the global industry leader, we are well positioned to strengthen our offering while maintaining the close customer relationships and high standards that have always defined our approach." 

Otis and WeMaintain will operate as separate entities, and WeMaintain will continue to offer its agnostic IoT and AI based solution to its current and future customers.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.

About WeMaintain 

WeMaintain was founded in 2017 by Benoit Dupont and Jade Francine on the belief that building maintenance could be smarter, more transparent, and more impactful. We combine AI-driven insights, IoT-powered data, and on-the-ground expertise to deliver real-time visibility, enhanced operational efficiency, and increased asset reliability for building owners and operators. 

With operations across Asia and Europe and more than 350 employees, we provide services and solutions for elevators, escalators, automatic doors, and fire safety systems.

Our human + tech approach sets a new standard for service quality, customer experience, and growth.

To learn more, visit www.wemaintain.com and follow us on LinkedIn. 

Otis Media Contact:
Katy Padgett
Phone: +1-860-674-3047 
Email: [email protected]

WeMaintain Media Contact:
Victoria Pearson
Phone: +44 (0) 7515-557-901
Email: [email protected]

SOURCE Otis Worldwide Corporation

Wall Street expects flat earnings compared to the year-ago quarter on higher revenues when Otis Worldwide (OTIS - Free Report) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on April 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly earnings of $0.92 per share in its upcoming report, which represents no change from the year-ago quarter.

Revenues are expected to be $3.51 billion, up 4.7% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.96% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Otis Worldwide?For Otis Worldwide, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.27%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Otis Worldwide will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Otis Worldwide would post earnings of $1.03 per share when it actually produced earnings of $1.03, delivering no surprise.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Otis Worldwide doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

, /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock, representing a 5% increase. The dividend will be payable on June 12, 2026, to shareholders of record at the close of business on May 15, 2026.

"With the continued strength of our Service driven business and the cash flows it generates, this dividend increase underscores our disciplined approach to capital allocation," said Judy Marks, Otis Chair, CEO and President. "Our dividend has increased approximately 120% since our spin in 2020, reflecting our focus on delivering attractive and sustainable returns to shareholders."

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.

Cautionary Statement
This release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Past dividends provide no assurance as to future dividends. The payment and amount of future dividends could vary significantly from past amounts due to a number of risks and uncertainties. Risks and uncertainties include: (1) the effect of economic conditions in the industries and markets in which Otis and its businesses operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, future availability of credit and factors that may affect such availability or costs (including tighter credit conditions), levels of end market demand in construction, pandemic health issues, natural disasters and the financial condition of Otis' customers and suppliers; (2) risks associated with indebtedness; (3) challenges in the development and production of new products and services; and (4) the effect of changes in laws and regulations, political conditions and geopolitical conflicts in countries in which we operate and other factors beyond our control. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Otis assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

SOURCE Otis Worldwide Corporation