The company’s performance for the quarter ending May 31, 2026, was anchored by its two primary business units. Metal Coatings saw sales climb 12.3% to $210.3 million, buoyed by strong demand in construction and infrastructure projects. Meanwhile, Precoat Metals achieved record first-quarter sales of $238.2 million, supported by price adjustments and increased output at the company’s Washington, Missouri facility.
AZZ Inc. Raises Fiscal 2027 Outlook After Record Quarterly Sales
Fort Worth-based AZZ Inc. reported a 6.3% increase in first-quarter sales to $448.5 million, prompting the firm to raise its full-year guidance. While GAAP net income fell significantly compared to the prior year due to non-recurring divestiture gains, the company’s core operational segments showed resilient growth.
CEO Tom Ferguson noted that disciplined execution allowed the firm to post an adjusted diluted EPS of $1.85, a 3.9% increase over the previous year. Despite a cooling in certain end markets like HVAC and appliances, management expressed confidence in their trajectory, citing a robust balance sheet and a net leverage ratio of 1.4x. Based on these results, AZZ has lifted its fiscal year 2027 sales guidance to a range of $1.80 billion to $1.85 billion, with adjusted EBITDA projections now set between $375 million and $415 million.
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