Gentex Corporation reported Q3 2026 net sales of $647.7 million, nearly flat compared to Q3 2025, despite a $35 million revenue shortfall due to customer issues and delayed launches. North American automotive revenue grew 3% despite a 5% decline in vehicle production, while Europe saw 13% growth excluding Volkswagen losses. Challenges in China and Volkswagen program losses impacted global automotive revenue, but growth in Premium Audio and Other Products helped offset declines. The company repurchased 5.7 million shares and updated its 2026 guidance, expecting around $2.65 billion in revenue and maintaining a 2027 revenue outlook of $2.80-$2.90 billion. Gentex highlights ongoing innovation and diversification as key drivers for future growth amid supply chain pressures and cost inflation.
Gentex's Q3 2026 financial results provide context for consumer cyclical sector activity on Pluang. As of Oct 23, 2026 18:51 WIB, out of 134 priced US consumer cyclical stocks, 30 rose and 100 fell. Notable movers include Alibaba Group (BABA) at USD 99.60 with a 1-day change of -2.18%, Super Group (SGHC) at USD 11.15 down 1.76%, and Nike Inc (NKE) at USD 37.65 down 1.75%.
FS Bancorp, Inc. has appointed Matthew D. Mullet as a director on the boards of both the company and its bank, 1st Security Bank of Washington, effective October 22, 2026. Mullet, who has been President since 2024 and CEO since 2025-2026, brings exte...
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