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Standex posts record $232.6M sales, 12.4% organic growth, raises FY27 outlook with new $100M share buyback plan

Company Fundamentals
29 Oct 2026, 23:01 WIB
PRNewsWire
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Bullish
Standex posts record $232.6M sales, 12.4% organic growth, raises FY27 outlook with new $100M share buyback plan

Standex International reported record first-quarter sales of $232.6 million, a 12.4% organic increase driven by strong demand in electronics and fast growth markets. The company achieved a 44.4% gross margin and raised its fiscal 2027 outlook, expecting over $100 million in organic sales growth and high teens earnings per share growth. Standex also announced a new $100 million share repurchase authorization, supported by a strong balance sheet. The Electronics segment led growth with nearly 30% organic sales increase and a book-to-bill ratio of 1.23, signaling strong future demand.

Standex International's fiscal first quarter results provide context for readers. For those following Industrials, here is Pluang's market snapshot as of Oct 30, 2026 02:31 WIB: 100 of 135 US Industrials stocks rose, 34 fell. Notable movers include HONA at USD 158.54 with a -10.44% change and 12 days typical hold time, CAT at USD 646.61 down 9.36% with 8% Sell / 92% Buy order activity and 96 days hold time, and APG at USD 44.83 up 8.35% with 12 days hold time.

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