secwatch.observer — SEC 8-K summary
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Issuer:     AAR CORP (AIR)
CIK:        0000001750
Form:       8-K
Filed at:   2026-09-28T20:58:22+00:00
Accession:  0001104659-26-111403
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

AAR Q1 FY27 sales $918M up 24%, adjusted EPS $1.49; to acquire 65% of MRO Holdings
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- Q1 FY27 sales $918.0M, up 24% from $739.6M; net income $40.1M vs $34.4M; GAAP diluted EPS $1.00 vs $0.95.
- Adjusted diluted EPS $1.49, up 38% YoY; adjusted EBITDA $117M, up 34%; adjusted EBITDA margin 12.7% vs 11.7%.
- Parts Supply sales +31% with 23% organic growth in new parts Distribution; Repair, Engineering & Software +31%; Government Solutions +4%.
- FY27 guidance: sales growth ex-LCP 'low teens' vs prior 'low double-digits to low teens'; Q2 sales growth ex-LCP 14-16%, adjusted EBITDA margin ex-LCP 13.0-13.4%.
- Definitive agreement to acquire 65% controlling interest in MRO Holdings; terms not disclosed; Q1 cash from operations $55.8M; net leverage 1.81x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750/000110465926111403/0001104659-26-111403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750/000110465926111403/tm2626100d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-111403

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