Columbus McKinnon Q2 sales up 8%, beat estimates

Overview

• Columbus McKinnon fiscal Q2 sales grow 8%, beating analyst expectations

• Adjusted EPS for fiscal Q2 beats consensus, reflecting strong operational performance

• Company reaffirms fiscal 2026 guidance, preparing for Kito Crosby acquisition

Outlook

• Company reaffirms FY26 adjusted EPS guidance to be flat to slightly up

• Columbus McKinnon expects FY26 net sales to rise low-to-mid single digits

• Company anticipates tariff cost neutrality by end of fiscal 2026

Result Drivers

• SALES GROWTH - Driven by increased volume, price improvements, and favorable currency translation

• U.S. MARKET RECOVERY - U.S. short-cycle market recovery and strong backlog execution boosted sales

• EMEA CHALLENGES - Weaker macroeconomic sentiment in EMEA slowed order conversion rates

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

• Wall Street's median 12-month price target for Columbus McKinnon Corp is $33.00, about 54.4% above its October 29 closing price of $15.05

• The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nPn8LmZ0ha

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