Burnham Holdings Q2 FY26 net sales rise 6.8% to $56.6 million; net income falls to $1.93 million

Reuters2026/07/23 19:59

By:Reuters

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Burnham Holdings posted Q2 net income of USD 1.93 million; continuing-operations profit turned to USD 2.24 million, or USD 0.46 a share.
Net sales rose 6.8% to USD 56.6 million; gross margin widened 1.5 percentage points to 23.1%.
Operating income swung to USD 2.73 million as SGA eased to 18.3% of net sales; adjusted EBITDA rose to USD 5.4 million.
Debt climbed to USD 18.8 million as of June 28, from USD 9.14 million a year earlier; management cited seasonal working-capital needs.
Board declared a USD 0.23 quarterly dividend, payable Sept. 24; CEO Chris Drew highlighted demand for high-efficiency heating solutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Burnham Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607231558PR_NEWS_USPR_____PH11410) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Burnham Holdings Q2 FY26 net sales rise 6.8% to $56.6 million; net income falls to $1.93 million

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