earnings
confidence high
sentiment positive
materiality 0.85
ADS Q1 FY2027: net sales up 20.6% to $1.0B, EPS $2.26 (+22.8%), dividend raised 11%
ADVANCED DRAINAGE SYSTEMS, INC.
- Net sales $1,001.1M (+20.6% YoY); organic net sales +9.2%; Stormwater sales $809.4M (+24.2%).
- Net income from continuing ops $176.6M (+22.5%); diluted EPS $2.26 vs $1.84; Adjusted EBITDA $358.3M (+28.8%).
- Repurchased $228.5M of common stock during the quarter.
- Board declared $0.20/share quarterly dividend, an 11% increase over prior year; payable Sept 15, record Sept 1.
- Management cautious on demand but cites strong non-residential market and NDS acquisition contribution.