BRC

Achieved Record Annual Revenue and Adjusted Diluted Earnings Per Share Completed Transformational Acquisition of Honeywell Technologies’ Productivity Solutions and Services Business on August 3, 2026 Announces Fiscal Year 2027 Guidance – Adjusted Diluted EPS Expected to Grow 23% at the Midpoint of Guidance Range MILWAUKEE, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Brady” or “Company”), a world leader in identification, safety and productivity solutions, today announced its financial results for its fiscal 2026 fourth quarter and the year ended July 31, 2026. “The results of the fourth quarter and full year 2026 are a clear indication of the momentum we are achieving at Brady Corporation,” said Vineet Nargolwala, President and Chief Executive Officer. “Our strong organic growth, with additional contributions from acquisitions and foreign currency translation, drove 10% sales growth for the quarter and the year. Organic sales growth and expanding margins drove a 15% increase in adjusted earnings per share in 2026 versus 2025.” He continued, “As we enter 2027, continued growth in our Identification Solutions business (IDS), complemented by the addition of the newly named Intelligent Productivity Solutions business (IPS), is expected to drive 23% growth in adjusted diluted earnings per share* at the midpoint of our guidance range.” Mr. Nargolwala concluded, “With the closing of the IPS acquisition, Brady becomes a stronger and more global industrial technology company. Our addressable market is expanding to $14 billion as we grow our presence in manufacturing, transportation, logistics, retail and healthcare markets. As we enter a new chapter for Brady, I could not be more excited about our opportunity to drive value for all of our stakeholders.” Fourth Quarter Financial Results:Sales for the quarter ended July 31, 2026 were $436.9 million, an increase of 10.0% compared to $397.3 million in the same quarter last year. The year-over-year increase was primarily driven by organic growth of 8.4%. By region, sales increased 13.5% in the Americas & Asia and 3.2% in Europe & Australia, primarily driven by organic sales growth of 11.6% in the Americas & Asia and 2.1% in Europe & Australia. See the Segment Information table for growth drivers and segment profit. Income before income taxes decreased 8.2% to $55.6 million in the quarter ended July 31, 2026, compared to $60.5 million in the same quarter last year, reflecting acquisition and integration-related costs in the fourth quarter of 2026. Adjusted Income Before Income Taxes* was $89.0 million, an increase of 20.0% compared to $74.2 million in the fourth quarter of last year. See the GAAP to Non-GAAP Measures table for detailed adjustments. Net income for the quarter was $45.6 million compared to $49.9 million in the same quarter last year, reflecting acquisition and integration-related costs in the fourth quarter of 2026. Adjusted Net Income* increased 17.5% to $70.7 million compared to $60.2 million in the same quarter last year. Earnings per diluted Class A Nonvoting Common Share was $0.96 compared to $1.04 in the same quarter last year. Adjusted Diluted EPS* was $1.48 compared to $1.26 in the same quarter last year, an increase of 17.5%. Fiscal Year Financial Results:Sales for the year ended July 31, 2026 increased 9.8% to $1.66 billion compared to $1.51 billion in the prior fiscal year. The year-over-year increase was primarily driven by organic growth of 5.3%. By region, sales increased 11.4% in the Americas & Asia and 6.7% in Europe & Australia, primarily driven by organic sales growth of 7.5% in the Americas & Asia and 1.2% in Europe & Australia. Income before income taxes increased 9.4% to $259.4 million in the year ended July 31, 2026, compared to $237.1 million in the prior year. Adjusted Income Before Income Taxes* was $322.1 million, an increase of 15.2% compared to $279.5 million in 2025. Net income was $205.4 million, an increase of 8.5% compared to $189.3 million last year. Adjusted Net Income* was $252.6 million, an increase of 14.2% compared to $221.3 million in 2025. Earnings per diluted Class A Nonvoting Common Share was $4.30, an increase of 9.1% compared to $3.94 in 2025. The company achieved record Adjusted Diluted EPS* of $5.29, a 15.0% increase compared to $4.60 in 2025. Brady’s Chief Financial Officer, Ann Thornton, said, “We continued our strong momentum and achieved another annual adjusted earnings per share record, increased our cash flow from operating activities nearly 35% to $244.1 million in fiscal 2026 compared to $181.2 million in fiscal 2025, and returned $88.3 million to our shareholders in the form of dividends and share buybacks. Our net cash position of $172.2 million as of July 31, 2026, provided significant support for our acquisition of the Intelligent Productivity Solutions business. Our strong balance sheet allows us to continue to invest in organic growth, reduce our net leverage, and continue to return funds to our shareholders through dividends and share buybacks to drive long-term shareholder value.” Fiscal 2027 Guidance:The Company expects Adjusted Diluted EPS* for the year ending July 31, 2027 to range from $6.25 to $6.75 per share, which represents a range of growth of between 18.1 percent to 27.6 percent compared to 2026. The Company expects approximately $0.80 Adjusted Diluted EPS* accretion from the IPS segment, net of the cost of financing the transaction, with the majority of the contribution in the second half of the fiscal year as the business is integrated. The Company expects revenue from the IDS segment to grow approximately 5 percent organically, and expects the IPS segment to contribute revenue of approximately $1.15 billion for the year ending July 31, 2027. Segment profit as a percentage of sales is expected to be approximately 20 percent within the IDS segment, and is expected to be in the low-double digits within the IPS segment. Other elements of the Company’s 2027 guidance include depreciation expense of approximately $45 million, capital expenditures of approximately $40 million, and a full-year income tax rate of approximately 21 percent. Fiscal 2027 guidance is based upon foreign currency exchange rates as of July 31, 2026, and assumes continued economic growth. A webcast regarding Brady’s fiscal 2026 fourth quarter financial results will be available at www.bradycorp.com/investors beginning at 7:30 a.m. central time today. Brady Corporation (NYSE: BRC) is a global industrial technology company and a leading provider of identification, safety, and productivity solutions that help organizations of all sizes to identify, connect, protect, track, and optimize what matters most. By combining trusted identification technologies with advanced data capture, enterprise mobility, software and workflow solutions, Brady’s comprehensive offerings enable its customers to improve safety, productivity, accuracy, and operational performance across their most critical functions and in the world’s most demanding environments. For more than 110 years, Brady has established trust and demonstrated its commitment to innovation, serving customers across manufacturing, logistics, healthcare, electronics, telecommunications, aerospace, construction, and other key industries, to make their work safer, smarter, and more connected. Headquartered in Milwaukee, Wisconsin, Brady employs approximately 9,300 people worldwide. Brady stock trades on the New York Stock Exchange under the symbol BRC. Learn more at www.bradycorp.com. * Adjusted Income Before Income Taxes, Adjusted Net Income, and Adjusted Diluted EPS are non-GAAP measures. See appendix for more information on these measures, including reconciliations to the most directly comparable GAAP measures. In this release, statements that are not reported financial results or other historic information are “forward-looking statements.” These forward-looking statements relate to, among other things, statements about the success of the acquisition, including anticipated benefits and synergies of the transaction, future opportunities for the combined company, and any other statements regarding the establishment of a new reporting segment for the IPS business, the combined company’s future operations and future financial position, anticipated economic activity, business strategies, targets, future earnings, anticipated growth, market opportunities, debt levels and cash flows, competition and other expectations and estimates for future periods including plans and objectives of management for future operations. The use of words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project,” “plan” or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements by their nature address matters that are, to different degrees, uncertain and are subject to risks, assumptions, and other factors, some of which are beyond the Company’s control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For the Company, uncertainties arise from: the ability of the Company and the IPS business to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; potential difficulties integrating the IPS business, or the costs of integrating the IPS business exceeding original estimates; failure of the Company to achieve the anticipated benefits and synergies of the transaction identified in this release on the timeline indicated or at all; the establishment of a new reporting segment for the IPS business; increased cost of materials, labor, material shortages and supply chain disruptions, including as a result of tariffs or other impacts of the global trade environment; decreased demand for the Company’s products; the Company’s ability to compete effectively or to successfully execute our strategy; the Company’s ability to develop technologically advanced products that meet customer demands; the Company’s ability to identify, integrate and grow acquired companies, and to manage contingent liabilities from divested businesses; difficulties in protecting the Company’s websites, networks, and systems against security breaches; extensive regulations by U.S. and non-U.S. governmental and self-regulatory entities; risks associated with the loss of key employees; litigation, including product liability claims; global climate change and environmental regulations; foreign currency fluctuations; our indebtedness, financial condition and fulfillment of obligations thereunder; the ability to service our indebtedness; changes in tax legislation and tax rates; potential write-offs of goodwill and other intangible assets; differing interests of voting and non-voting shareholders and changes in the regulatory and business environment around dual-class voting structures; numerous other matters of national, regional and global scale, including major public health crises and government responses thereto and those of a political, economic, business, competitive, and regulatory nature contained from time to time in the Company’s U.S. Securities and Exchange Commission filings, including, but not limited to, those factors listed in the “Risk Factors” section within Item 1A of Part I of the Company’s Form 10-K for the year ended July 31, 2026. These uncertainties may cause the Company’s actual future results to be materially different than those expressed in its forward-looking statements. The Company does not undertake to update its forward-looking statements except as required by law. For More Information Contact:Investor Contact: Ann Thornton (414) 438-6887Media Contact: Kate Venne (414) 358-5176

Interested in Brady Corporation? Here are five stocks we like better. Record fiscal 2026 performance: Brady reported 10% fourth-quarter sales growth, 17.5% adjusted EPS growth to $1.48, higher gross margins and strong cash-flow gains. Printer sales rose 25% in the quarter, supporting organic growth and profitability. Honeywell acquisition reshapes the company: The newly acquired Productivity Solutions and Services business, renamed Intelligent Productivity Solutions (IPS), shifts Brady toward an industrial-technology model by adding scanners, mobile computing, software and services. Positive fiscal 2027 outlook: Brady forecasts adjusted EPS of $6.25–$6.75, about $1.15 billion in IPS revenue and approximately $0.80 of EPS accretion from IPS, with most benefits expected in the second half as integration progresses. Brady Corp Wires Up a Massive AI-Powered Breakout Brady (NYSE:BRC) reported record revenue and adjusted earnings per share for fiscal 2026, its sixth consecutive year of record earnings, as printer and specialty adhesive-material sales supported organic growth and margin expansion. The company also outlined its first full-year outlook following the acquisition of Honeywell’s Productivity Solutions and Services business, now called Intelligent Productivity Solutions, or IPS. Fiscal fourth-quarter sales increased 10% from the prior year, driven by 8.4% organic growth, a 1.1% contribution from acquisitions and a 0.5% benefit from foreign-currency translation, Chief Financial Officer Ann Thornton said. Adjusted diluted earnings per share rose 17.5% to $1.48, while GAAP diluted EPS was $0.96, compared with $1.04 a year earlier. → Boarding Call: EHang Secures First-Mover Altitude President and CEO Vineet Nargolwala, who succeeded retired former CEO Russell Shaller about three months earlier, said the recently closed IPS acquisition represents a shift in Brady’s positioning from a traditional industrial company toward an industrial technology company. The deal adds scanners, mobile computing, software and services to Brady’s existing portfolio of specialty materials, printers and consumables. “With the PSS acquisition closed as of a month ago, Brady is now pivoting from a classic industrial company to an industrial technology company,” Nargolwala said. → Medtronic’s Stars Are Aligning for a Price Recovery Fourth-quarter gross margin increased to 52.9% from 50.4% a year earlier. Thornton said the prior-year period included a 50-basis-point effect from facility-consolidation costs, while the latest quarter benefited by approximately $4 million from tariff refunds, net of incremental tariffs incurred. Excluding those items, gross margin expanded by 110 basis points. The company said its prior-year actions to streamline its footprint, including the closure of manufacturing facilities in Beijing and Buffalo, New York, continued to provide benefits. Adjusted for certain expenses, selling, general and administrative expense declined to 26.2% of sales from 26.8% in the prior-year fourth quarter. → Dutch Bros Sell-Off Creates a Growth Opportunity Printer unit sales increased 25% in the fourth quarter and 10% for the fiscal year. Thornton said printer and keyed-consumable sales together, which account for slightly more than 40% of Brady’s organic sales, grew nearly 10% organically during fiscal 2026. Operating cash flow rose 35.8% to $79.2 million in the fourth quarter, while free cash flow increased 22.9% to $60.7 million. At July 31, Brady had net cash of $172.2 million, more than double its net-cash position a year earlier, Thornton said. The company announced its 41st consecutive annual dividend increase. It also repurchased 333,000 shares for $28.1 million during the fourth quarter at an average price of $84.36 per share. For the full year, Brady repurchased 517,000 shares for $42.2 million and had $44 million remaining under its repurchase authorization. In the Americas and Asia region, organic sales grew 11.6% in the fourth quarter, with reported sales reaching a record $296.1 million. Including acquisitions and currency effects, regional sales rose 13.5%. Wire-identification sales, which represent 20% of sales in the region, grew nearly 20% in the quarter and 16% for the fiscal year. Organic sales rose 10.3% in the Americas and 20.3% in Asia. Segment profit increased 43.9% to $74.3 million, with margin reaching 25.1% of sales. Excluding the tariff-refund benefit, segment profit rose 36% and margin was 23.7%. Olivier Bojarski, president of Brady’s Americas and Asia operations and incoming leader of its Identification Solutions segment, cited data-center investment, manufacturing activity and construction as sources of demand. He said India posted 23% growth for the year after the company expanded manufacturing there about two years ago. Europe and Australia delivered 2.1% organic growth in the fourth quarter and 3.2% total sales growth, including a 1.1% currency benefit. Organic sales increased 2% in Europe and 3.1% in Australia. Segment profit rose 23.9% to $18.7 million, and segment margin improved to 13.3% from 11%. Nargolwala said European manufacturing remained a difficult market, though the company saw strength tied to defense spending and digital-passport regulations. He also said rising electronics, memory and diesel costs were affecting the business, while describing the European segment’s margin execution as strong. Beginning in fiscal 2027, Brady will report two segments: Identification Solutions, or IDS, which comprises the legacy Brady business, and Intelligent Productivity Solutions, or IPS, which consists of the former Honeywell business. Bojarski will lead IDS, while David Barker, formerly president of Honeywell’s PSS operation, will lead IPS. Brady expects IDS organic revenue growth of approximately 5% in fiscal 2027. It expects IPS to contribute approximately $1.15 billion in revenue, which Thornton said assumes low-single-digit growth on a trailing 12-month basis. Adjusted diluted EPS guidance: $6.25 to $6.75 Expected IPS EPS accretion: approximately $0.80 Expected IDS segment profit: approximately 20% of sales Expected IPS segment profit: low-double-digit percentage of sales, excluding one-time integration costs Expected depreciation expense: approximately $45 million Expected capital expenditures: approximately $40 million Expected full-year tax rate: approximately 21% The EPS outlook represents growth of 18.1% to 27.6% from fiscal 2026, according to Thornton. The company expects most of the IPS accretion to occur in the second half as it works through early integration activities. Nargolwala said Brady had identified approximately $25 million in synergies by the third year after the acquisition, but emphasized that the rationale for the transaction extends beyond cost savings. He cited opportunities to combine capabilities in healthcare, printing, scanning, RFID and software. Barker said IPS has invested in making its software portfolio interoperable across its offerings and hardware-agnostic, which he said expands the market for its solutions and increases their value to customers. He also said the company has addressed industry-wide memory supply constraints through product redesigns, new supplier qualifications and long-term contracts. Brady expects to reduce net leverage to below two times within the first two years following its ownership of IPS, while continuing to invest in growth, dividends and share repurchases, Thornton said. Brady Corporation is a global provider of identification and safety solutions, specializing in the design, manufacture and sale of products that help businesses improve safety, security and efficiency. The company offers an array of durable labels, signs, safety devices, printing systems and software platforms tailored to a wide range of industrial and commercial environments. Founded in 1914 by William H. Brady, Brady Corporation has grown from a regional marker manufacturer into a diversified global enterprise. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Brady Q4 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is repositioning Brady from a classic industrial company to an industrial technology firm following the acquisition of Honeywell's Productivity Solutions and Services (PSS) business. The acquisition immediately secures the number 2 market position in the Automatic Identification and Data Capture (AIDC) sector, expanding the addressable market to $14 billion. Record performance was driven by 8.4% organic growth in the core business during the fourth quarter, while full year fiscal 2026 organic sales growth was 1.2%., particularly within wire identification for data centers and commercial construction. Gross profit margin expansion of 110 basis points (adjusted) resulted from a shift toward high-margin printers and specialty adhesive materials, alongside benefits from prior facility consolidations. The new organizational structure consists of two segments: Identification Solutions (IDS), representing the legacy business, and Intelligent Productivity Solutions (IPS), representing the acquired PSS business. Asia performance was notably strong with 20.3% organic growth, attributed to multi-year manufacturing investments in India and rising demand for data center infrastructure. Management highlighted a 'maniacal focus' on customer service and ease-of-use as the primary cultural differentiator they intend to bring to the newly acquired IPS segment. Fiscal 2027 guidance assumes approximately $1.15 billion in revenue from the IPS segment, reflecting low-single digit growth expectations as the business stabilizes under new ownership. Management expects $0.80 of EPS accretion from the IPS acquisition in the first year, with the majority of benefits weighted toward the second half of the fiscal year. Strategic focus for IPS will shift toward 'Intelligent' solutions, prioritizing software-agnostic hardware and interoperable digital portfolios to increase customer stickiness. Capital expenditure is projected to normalize to approximately $40 million, as the IPS business is inherently 'CapEx-light' and supported by a world-class manufacturing facility in Suzhou. The company targets reducing net leverage to below 2 times within the first two years post-acquisition while maintaining its 41-year streak of dividend increases. A $4 million net tariff refund positively impacted fourth-quarter gross margins, providing a non-recurring tailwind to the Americas and Asia region. Management identified industry-wide memory supply tightness as a headwind, responding with product redesigns and long-term supplier contracts to ensure availability. Rising input costs, specifically in electronics and diesel fuel linked to Middle East instability, are being managed through agile pricing adjustments and supply chain cost mitigation. One-time integration costs related to the IPS acquisition will be excluded from adjusted results in fiscal 2027 to provide a clearer view of underlying business performance. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management noted that regional performance closely tracks local GDP; the US is benefiting from data center CapEx and manufacturing PMI expansion. Europe remains a tougher macro environment, though the company is finding growth niches in defense spending and new digital passport regulations. Growth was driven by the successful launch of new products like the i51 and increased automation demand in hyperscale data centers. Management emphasized that printer placements are a leading indicator for future high-margin printers and consumables together grew nearly 10% organically in fiscal 2026. The guide for low-double digit segment profit in IPS accounts for initial integration efforts and investments in R&D and sales coverage. Management confirmed the acquisition implies approximately $175 million of adjusted EBITDA for the upcoming year, consistent with the 8x valuation multiple. The AIDC space has consolidated into a few major players; Brady intends to compete by accelerating 'Brady speed' in decision-making and leading with RFID and software innovation. Management is moving the IPS segment away from pure hardware toward 'intelligent' solutions to differentiate from competitors.

Interested in Zebra Technologies Corporation? Here are five stocks we like better. Record Q2 performance: Sales rose 20.4% year over year to more than $1.5 billion, while adjusted EBITDA margin reached 27.7% and non-GAAP EPS increased 76% to $6.35. Growth was broad-based across retail, manufacturing, healthcare and most regions. Supply constraints remain: Memory-component availability continues to limit some sales opportunities, though Zebra has secured enough supply for its updated outlook and is diversifying suppliers. The company offset higher memory costs through pricing and benefited from a $73 million tariff recovery. Outlook raised: Zebra now expects full-year sales growth of 14%–16%, adjusted EBITDA margin of 23.5%–24% and non-GAAP EPS of $20.75–$21.25, alongside at least $1 billion in free cash flow. Brady Corp Wires Up a Massive AI-Powered Breakout Zebra Technologies (NASDAQ:ZBRA) reported record second-quarter results, with sales growth across its major segments and regions, stronger profitability and a higher full-year outlook. Management said demand for the company’s portfolio of frontline automation, data capture, mobile computing, RFID, machine vision and AI-enabled solutions remained broad-based, although memory-component availability continued to constrain some potential sales. Second-quarter sales exceeded $1.5 billion, up 20.4% from a year earlier, or 9.2% on an organic constant-currency basis. Adjusted EBITDA margin reached 27.7%, while non-GAAP diluted earnings per share rose 76% year over year to $6.35. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control MarketBeat Week in Review – 05/11 - 05/15 CEO Bill Burns said the company’s results reflected “broad-based growth and significantly increased profitability,” as customers continue investing in digitization and automation of frontline operations. He said Zebra’s integrated hardware and software portfolio is intended to help customers improve productivity, visibility and real-time decision-making. Zebra said retail, manufacturing and healthcare each posted double-digit growth during the quarter. In retail, e-commerce and convenience-store activity benefited from demand for faster delivery and expanded fulfillment options. The recently acquired Elo Touch business also delivered strong growth, supported by self-service trends and customer interest in the combined offering. → Financials Hit Record Highs as the AI Trade Unravels—Can They Keep Leading? Reading the Stripes: Is The Industrial Recession Over? Transportation and logistics sales were flat against a strong prior-year comparison, though Zebra reported relative strength in third-party logistics and warehousing. Burns said the company has a “robust multi-year pipeline” of large transportation and logistics deployments expected to begin in 2027, particularly involving last-mile delivery, RFID and AI-capable mobile devices. Manufacturing posted strong double-digit growth, led by electronics and pharmaceutical customers seeking increased operational visibility. Machine vision also outperformed as Zebra aligned its business and go-to-market teams around targeted manufacturing opportunities. Burns cited applications including AI-based optical character recognition in manufacturing, logistics, food and beverage operations. → Why Rare Earth Processing Could Be the Real 2027 Opportunity Healthcare was Zebra’s fastest-growing end market in the quarter. The company said mobile computing demand was particularly strong as healthcare providers equipped more caregivers with enterprise-grade devices designed for communication, collaboration, patient safety and operational efficiency. North America sales rose 9%, led by retail, manufacturing and healthcare. EMEA sales increased 7%, with broad-based European growth partly offset by Middle East softness. Asia-Pacific sales grew 13%, led by China, Korea and Southeast Asia. Latin America sales rose 15%, driven by Mexico and Brazil. CFO Nathan Winters said second-quarter performance exceeded the high end of Zebra’s guidance, aided by increased memory supply, continued commercial momentum and favorable pricing. Connected Frontline sales grew nearly 26%, including the Elo acquisition, or 7.5% organically. Asset Visibility & Automation sales increased 11.4%, led by printing and machine vision. Adjusted gross margin improved 540 basis points to 53.3%. The result included a $73 million recovery of tariffs under the International Emergency Economic Powers Act that had not been included in the company’s outlook, as well as favorable foreign exchange. Zebra also said it fully offset a $20 million increase in memory costs during the quarter through price realization. Excluding the tariff recovery, Burns said adjusted EBITDA margin expanded by about two percentage points, supported by better-than-expected gross margins, productivity efforts and operating-expense leverage. Winters said the company improved operating-expense leverage by 170 basis points, helping adjusted EBITDA margin rise 7.1 percentage points year over year. Management said Zebra has secured sufficient memory supply to support its updated outlook but continues to operate in a dynamic supply environment. Winters said suppliers have been meeting commitments and the company has visibility into the components needed to support its forecasts. Zebra is using direct supplier co-planning, alternative sourcing and transitions to higher-density memory components. The company is working with 10 potential new suppliers and aims to qualify five to seven suppliers for each primary memory type, Winters said. He added that the company’s product portfolio is largely based on low-power LPDDR5 memory, an area where capacity is expected to expand into 2027. While customer demand signals point toward the high end of Zebra’s guidance ranges, management said its outlook assumes potential memory-related supply constraints. Burns said the company would take additional pricing or operational actions if necessary to protect profitability, though he said management would prefer not to raise prices further. Zebra raised its full-year sales growth forecast to 14% to 16%, representing a three-percentage-point increase at the midpoint of its previous outlook. The forecast includes an estimated eight percentage points of contribution from acquisitions and foreign exchange, while organic growth guidance includes the effects of previously announced memory-related price increases. The company now expects full-year adjusted EBITDA margin of 23.5% to 24% and non-GAAP diluted EPS of $20.75 to $21.25. Free cash flow is expected to be at least $1 billion, representing approximately 100% conversion. For the third quarter, Zebra forecast sales growth of 17% to 20%, including approximately 10.5 percentage points from acquisitions and favorable foreign exchange. Adjusted EBITDA margin is expected to be about 22%, and non-GAAP diluted EPS is projected between $4.70 and $4.90. Zebra generated $361 million in year-to-date free cash flow and ended the quarter with a debt leverage ratio of 1.9 times and $925 million of credit capacity. The company repurchased $568 million of stock in the first half and said its full-year EPS outlook assumes an additional $150 million of repurchases in the second half. Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics. The company's product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Zebra Technologies Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at safety & security services stocks, starting with Brady (NYSE:BRC). Rising concerns over physical security, cybersecurity threats, and workplace safety regulations will present opportunities for companies in this sector. AI and digitization will enhance surveillance, access control, and threat detection, which could benefit key players in Safety & Security Services. These trends could also introduce ethical and regulatory concerns over data privacy and automated decision-making in security operations, giving rise to headline risks. Finally, increasing scrutiny on private security practices and evolving criminal justice policies again mean that companies in the space need to operate with the utmost care or risk being the poster child of abuse of power. The 6 safety & security services stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.5% while next quarter’s revenue guidance was in line. Luckily, safety & security services stocks have performed well with share prices up 27.9% on average since the latest earnings results. Founded in 1914 and evolving through more than a century of industrial innovation, Brady (NYSE:BRC) manufactures and supplies identification solutions and workplace safety products that help companies identify and protect their premises, products, and people. Brady reported revenues of $435.2 million, up 13.8% year on year. This print exceeded analysts’ expectations by 7.2%. Overall, it was a stunning quarter for the company with an impressive beat of analysts’ full-year EPS guidance estimates and a beat of analysts’ EPS estimates. Commentary:“Our investment in research & development resulted in strong organic sales growth globally, along with a record quarter of adjusted earnings per share. New product launches over the last several years as well as data center construction drove our sales growth, which is an end market that is ideal for our high-performance identification solutions,” said Brady’s President and Chief Executive Officer, Russell R. Shaller. Brady achieved the biggest analyst estimate beat among its peers. Unsurprisingly, the stock is up 35.8% since reporting and currently trades at $96.37. Read why we think that Brady is one of the best safety & security services stocks, our full report is free. Founded in 1914 as Mine Safety Appliances to protect coal miners from dangerous gases, MSA Safety (NYSE:MSA) designs and manufactures advanced safety products that protect workers and facilities across industries including fire service, energy, construction, and manufacturing. MSA Safety reported revenues of $463.6 million, up 10% year on year, outperforming analysts’ expectations by 2.7%. The business had a very strong quarter with a beat of analysts’ EPS estimates. The market seems happy with the results as the stock is up 6.2% since reporting. It currently trades at $175.55. Is now the time to buy MSA Safety? Access our full analysis of the earnings results here, it’s free. Born from the company that invented the first portable handheld police radio in 1940, Motorola Solutions (NYSE:MSI) provides mission-critical communications, video security, and command center software solutions for public safety agencies and enterprise customers. Motorola Solutions reported revenues of $2.71 billion, up 7.4% year on year, exceeding analysts’ expectations by 0.6%. It was a satisfactory quarter as it also posted a beat of analysts’ EPS estimates. Motorola Solutions delivered the highest guidance raise but had the weakest performance against analyst estimates in the group. As expected, the stock is down 2% since the results and currently trades at $424.45. Read our full analysis of Motorola Solutions’s results here. With a global footprint spanning three continents and approximately 81,000 beds across 100 facilities, GEO Group (NYSE:GEO) operates secure facilities, processing centers, and reentry services for government agencies in the United States, Australia, and South Africa. GEO Group reported revenues of $705.2 million, up 16.6% year on year. This print beat analysts’ expectations by 1.8%. It was a strong quarter as it also produced a beat of analysts’ EPS estimates and an impressive beat of analysts’ full-year EPS guidance estimates. GEO Group achieved the highest full-year guidance raise of the whole group. The stock is up 66.7% since reporting and currently trades at $30.62. Read our full, actionable report on GEO Group here, it’s free. Known for its iconic armored trucks that have been a fixture in American cities since 1859, Brink's (NYSE:BCO) provides secure transportation and management of cash and valuables for banks, retailers, and other businesses worldwide. Brink's reported revenues of $1.38 billion, up 10.3% year on year. This result topped analysts’ expectations by 0.9%. Overall, it was a strong quarter as it also put up a beat of analysts’ EPS estimates and EPS guidance for next quarter in line with analysts’ estimates. Brink's had the weakest guidance update in the group. The stock is up 12.9% since reporting and currently trades at $117.75. Read our full, actionable report on Brink's here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the safety & security services industry, including Brady (NYSE:BRC) and its peers. Rising concerns over physical security, cybersecurity threats, and workplace safety regulations will present opportunities for companies in this sector. AI and digitization will enhance surveillance, access control, and threat detection, which could benefit key players in Safety & Security Services. These trends could also introduce ethical and regulatory concerns over data privacy and automated decision-making in security operations, giving rise to headline risks. Finally, increasing scrutiny on private security practices and evolving criminal justice policies again mean that companies in the space need to operate with the utmost care or risk being the poster child of abuse of power. The 6 safety & security services stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.5% while next quarter’s revenue guidance was in line. Luckily, safety & security services stocks have performed well with share prices up 27.5% on average since the latest earnings results. Founded in 1914 and evolving through more than a century of industrial innovation, Brady (NYSE:BRC) manufactures and supplies identification solutions and workplace safety products that help companies identify and protect their premises, products, and people. Brady reported revenues of $435.2 million, up 13.8% year on year. This print exceeded analysts’ expectations by 7.2%. Overall, it was a stunning quarter for the company with an impressive beat of analysts’ full-year EPS guidance estimates. Commentary:“Our investment in research & development resulted in strong organic sales growth globally, along with a record quarter of adjusted earnings per share. New product launches over the last several years as well as data center construction drove our sales growth, which is an end market that is ideal for our high-performance identification solutions,” said Brady’s President and Chief Executive Officer, Russell R. Shaller. Brady pulled off the biggest analyst estimate beat in the group. Unsurprisingly, the stock is up 33.2% since reporting and currently trades at $94.50. Read why we think that Brady is one of the best safety & security services stocks, our full report is free. Founded in 1914 as Mine Safety Appliances to protect coal miners from dangerous gases, MSA Safety (NYSE:MSA) designs and manufactures advanced safety products that protect workers and facilities across industries including fire service, energy, construction, and manufacturing. MSA Safety reported revenues of $463.6 million, up 10% year on year, outperforming analysts’ expectations by 2.7%. The business had a very strong quarter with a beat of analysts’ EPS estimates. The market seems happy with the results as the stock is up 5.7% since reporting. It currently trades at $174.64. Is now the time to buy MSA Safety? Access our full analysis of the earnings results here, it’s free. Born from the company that invented the first portable handheld police radio in 1940, Motorola Solutions (NYSE:MSI) provides mission-critical communications, video security, and command center software solutions for public safety agencies and enterprise customers. Motorola Solutions reported revenues of $2.71 billion, up 7.4% year on year, exceeding analysts’ expectations by 0.6%. It was a satisfactory quarter as it also posted a beat of analysts’ EPS estimates. Motorola Solutions delivered the highest guidance raise but had the weakest performance against analyst estimates in the group. As expected, the stock is down 4.5% since the results and currently trades at $413.68. Read our full analysis of Motorola Solutions’s results here. With a global footprint spanning three continents and approximately 81,000 beds across 100 facilities, GEO Group (NYSE:GEO) operates secure facilities, processing centers, and reentry services for government agencies in the United States, Australia, and South Africa. GEO Group reported revenues of $705.2 million, up 16.6% year on year. This print surpassed analysts’ expectations by 1.8%. It was a strong quarter as it also produced a beat of analysts’ EPS estimates. GEO Group achieved the highest full-year guidance raise among its peers. The stock is up 67.8% since reporting and currently trades at $30.80. Read our full, actionable report on GEO Group here, it’s free. Known for its iconic armored trucks that have been a fixture in American cities since 1859, Brink's (NYSE:BCO) provides secure transportation and management of cash and valuables for banks, retailers, and other businesses worldwide. Brink's reported revenues of $1.38 billion, up 10.3% year on year. This number beat analysts’ expectations by 0.9%. Overall, it was a strong quarter as it also logged a beat of analysts’ EPS estimates and EPS guidance for next quarter in line with analysts’ estimates. Brink's had the weakest guidance update of the whole group. The stock is up 17.1% since reporting and currently trades at $122.17. Read our full, actionable report on Brink's here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Brady’s first quarter was marked by strong underlying demand across key product lines and a positive market reaction. Management attributed the robust performance to broad-based organic sales growth, particularly in data center-related wire identification products, and the successful launch of new offerings like the I4.31 thousand portable printer. CEO Russell Shaller noted that customer adoption of new products exceeded expectations, while disciplined cost controls and efficiency measures implemented last year continued to benefit gross margins. The company also saw momentum in both its Americas/Asia and Europe/Australia regions, despite challenging macroeconomic conditions. Is now the time to buy BRC? Find out in our full research report (it’s free). Revenue: $435.2 million vs analyst estimates of $406.1 million (13.8% year-on-year growth, 7.2% beat) Adjusted EPS: $1.50 vs analyst estimates of $1.35 (11.5% beat) Adjusted EBITDA: $85.54 million vs analyst estimates of $88.4 million (19.7% margin, 3.2% miss) Management raised its full-year Adjusted EPS guidance to $5.25 at the midpoint, a 4% increase Operating Margin: 17.7%, in line with the same quarter last year Market Capitalization: $4.12 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Steve Ferazani (Sidoti): Asked about the breadth of organic growth and the impact of new product launches beyond the I4.31 thousand printer. CEO Russell Shaller explained that while the new printer was a highlight, broader strength in data center demand and favorable timing of contracts contributed to the outperformance. Steve Ferazani (Sidoti): Queried the expected earnings contribution from the Honeywell PSS deal and whether it included cost synergies. Shaller confirmed the initial $0.80 adjusted EPS accretion estimate excludes synergies, and CFO Ann Thornton clarified that one-time integration costs are not included in the estimate. Keith Housum (Northcoast Research): Sought greater visibility into the sustainability of data center growth and Brady’s role throughout construction cycles. Shaller described recurring demand from both initial builds and periodic upgrades, with products used at multiple project stages and by various buyers across the value chain. Keith Housum (Northcoast Research): Asked about future gross margin targets given recent improvements. Shaller stated the focus remains on long-term profitable growth rather than maximizing margins, but acknowledged that a 52% gross margin is achievable depending on mix and tariffs. Keith Housum (Northcoast Research): Requested clarification on recent board resignations in the context of the Honeywell deal. Shaller attributed departures to increased time demands from the acquisition process, emphasizing there was no dissent on the deal itself. In the coming quarters, the StockStory team will be closely watching (1) progress on integrating Honeywell’s PSS business and initial signs of cross-selling success, (2) sustained momentum in data center-related identification solutions and the durability of that demand, and (3) continued execution on new product development and commercialization. Developments in global identification standards and macroeconomic trends will also be important signposts for Brady’s trajectory. Brady currently trades at $87.45, up from $70.96 just before the earnings. At this price, is it a buy or sell? The answer lies in our full research report (it’s free for active Edge members). WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best stocks don't just beat the market once. They do it again. And again. Robust revenue growth, rising free cash flow, returns on capital that leave their competition in the dust. The market has already rewarded these businesses. But our AI platform says the party isn't over. Find out which 9 stocks made the cut this week - FREE. Get Our Top 9 Market-Beating Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.