Strong Third Quarter Results
Sales grew 8% on a reported basis and 7% organically. Adjusted operating income increased 14%, and adjusted EPS grew 25% year-over-year to $1.79.
Record Growth Over Three Years
Sales increased by 39% from 2022 to 2025, adjusted operating income up 77%, and adjusted EPS up 73% at the midpoint of the outlook.
Positive Full Year 2025 Projections
Expected sales growth between 7% and 8%, adjusted operating income growth between 12% and 14%, and adjusted EPS growth between 19% and 21%.
Strong Cash Flow and Debt Management
Cash flow from operations expected to be between $230 million to $240 million, with free cash flow between $130 million and $140 million. Expected leverage ratio between 2.7 and 2.8x, towards the lower end of the target range.