secwatch.observer — SEC 8-K summary
======================================

Issuer:     Quanex Building Products CORP (NX)
CIK:        0001423221
Form:       8-K
Filed at:   2026-06-04T20:17:25+00:00
Accession:  0001171843-26-003917
Event type: earnings
Sentiment:  negative
Materiality: 0.72
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quanex Q2 net income falls 83% to $3.4M; adjusted EBITDA down 30% YoY
---------------------------------------------------------------------

- Net sales $462.4M (+2.2% YoY); gross margin 25.5% vs 29.0% a year ago.
- Diluted EPS $0.07 (down from $0.44); adjusted diluted EPS $0.25 (down from $0.63).
- Adjusted EBITDA $44.2M (down 30% from $63.1M); margin 9.6% vs 14.0% YoY.
- Total debt $715.0M; leverage ratio 3.1x Net Debt to LTM Adjusted EBITDA.
- Company expects to recover price/cost shortfall in H2 2026 if inflation subsides.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423221/000117184326003917/0001171843-26-003917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423221/000117184326003917/f8k_060426.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-003917

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer