Company Announcements
July 9, 2026
AZZ lifts full-year outlook on strong coating momentum
Written by Laura Miller
AZZ Inc.
| First quarter ended May 31 | 2026 | 2025 | % Change |
|---|---|---|---|
| Net sales | $448.5 | $422.0 | 6.3% |
| Net income (loss) | $52.0 | $170.9 | -69.6% |
| Per diluted share | $1.72 | $5.66 | -69.6% |
AZZ President and CEO Tom Ferguson said the Texas-based coil coating and galvanizing company is off to a great start in its 2027 fiscal year.
In its quarterly earnings statements, the company reported a 6.3% year-over-year rise in sales to $448.5 million for its fiscal first quarter ended May 31. At the same time, net income fell 69.6%y/y to $52 million.
The notable decline in net income was due to joint-venture earnings equity being meaningfully impacted in the year-ago period, AZZ said.
AZZ’s Metal Coatings segment saw higher volumes of galvanized steel, pushing division sales up 12.3% y/y to $210.3 million.
Sales in the Precoat Metals segment were 1.5% higher y/y, reaching a first-quarter record of $238.2 million. This was “fueled by a combination of price increases to offset materials and input cost inflation and the ongoing production ramp-up at the Washington, Missouri facility,” said Ferguson.
“We are on track to set new sales and profitability records in fiscal year 2027 due to external market visibility as we continue to execute our strategic plans,” he stated.
As such, AZZ has raised its fiscal-year 2027 guidance. It now expects sales of $1.8 million to $1.85 billion for the year, with adjusted EBITDA of $375 million to $415 million.
