Overview
- Net sales rose 3.8% to $1.19 billion with organic growth of 3%, and gross margin held at 50.9%.
- Adjusted EPS came in at $4.71, while reported EPS of $5.02 included a $0.31 per-share benefit from a legal settlement worth $22 million pre-tax.
- Consolidated operating earnings increased to $347.4 million for a 26.9% operating margin, and the effective tax rate was 22.6%.
- Repair Systems & Information sales climbed to $464.8 million on stronger dealership and shop activity; Tools Group reached $506 million with 1% organic growth; Commercial & Industrial was roughly flat at $367.7 million; financial services originations fell 4.8%.
- Cash totaled $1.53 billion against $1.19 billion in long-term debt, full-year 2025 capex is guided to about $100 million ($62.5 million year-to-date), and shares rose about 2% after the results.