Strong Start to Fiscal 2026
Brady Corporation reported organic sales growth of 2.8% and adjusted earnings per share growth of 8% in Q1 2026. The Americas and Asia region showed strong organic sales growth of 4.7%.
Europe and Australia Profit Improvement
Despite a 0.8% decline in organic sales, the Europe and Australia region reported a significant improvement in adjusted segment profit of 15%, due to streamlined cost structures.
Introduction of BradyScan App
Brady Corporation released a new app called BradyScan, an industrial barcode scanning app that integrates with Brady's printers, aiming to make track and trace easier for users.
Increased R&D Investment
R&D expenses increased to $23.3 million or 5.7% of sales, up from $18.9 million or 5% of sales last year, reflecting a 23% increase in investment.
Cash Flow and Shareholder Returns
Operating cash flow increased 42.5% to $33.4 million, and free cash flow rose 38.8% to $22.4 million. Brady also announced its 40th consecutive year of annual dividend increases.