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Donaldson’s (DCI) Billion-Dollar Quarter Hides A Costlier Bet Ahead
On August 26, Donaldson Company (NYSE: DCI ) reported the first $1 billion quarter in its history, an 8% jump that capped a record fiscal year with $3.9 billion in total sales.
AI Summary
Donaldson Company reported its first $1 billion quarter on August 26, with sales rising 8% to $3.9 billion for the fiscal year. Adjusted earnings per share climbed 12% to $1.15, and the operating margin reached a record 17.5%. The company issued fiscal 2027 guidance that suggests another record year, but the outlook includes higher interest costs and new dilution linked to its largest acquisition yet.
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