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Kewaunee Scientific Reports Results for Second Quarter of Fiscal Year 2026
Kewaunee Scientific's sales grew 46.8% to $70.1 million, driven by large projects and Nu Aire acquisition amid mixed profitability and strategic investments.
- Kewaunee Scientific Corporation reported second-quarter results with sales of $70,096,000, up 46.8% year-over-year, for the quarter ended October 31, 2025.
- Management said growth was driven by continued delivery of large projects booked in prior periods and the addition of Nu Aire, Inc., which helped offset legacy construction volatility.
- The company reported $192.9 million in order backlog on October 31, 2025, with $55,224,000 in domestic sales and $14,872,000 in international sales for the quarter.
- Consolidated EBITDA rose to $5,790,000, but net earnings fell to $2,445,000 and diluted EPS declined to $0.82, as the company reported on October 31, 2025.
- `While we still expect volatility in project delivery timing for the balance of this fiscal year`, Hull continued, noting Corporate platform investments and early Seller Note repayment strengthening the balance sheet.
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Total News Sources32
Leaning Left3Leaning Right1Center9Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 23%
C 69%
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