Reliance Q2 EPS $6.29 beats guidance; record tons sold; Q3 guidance $6.40-$6.60

RELIANCE, INC.

Net sales $4.63B, up 15% sequentially; record tons sold 1.79M, up 7% sequentially.
Non-GAAP EPS $6.27, up 42% YoY, exceeding guidance of $5.15-$5.35.
Pretax income $429.8M, up 41% YoY; border wall project contributed $0.41 EPS.
Q3 2026 guidance: non-GAAP EPS $6.40-$6.60, including $0.60 from border wall; tons sold up 9-11% YoY.
Board declared $1.25 dividend payable Aug 28; $529M remaining in buyback program.

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