RBC Bearings will hold its fiscal 2027 first quarter earnings call on July 31
Bearings Incorporated (NYSE: RBC) announced that it will release first-quarter fiscal 2027 financial results on Friday, July 31, before the market opens. The company's management will hold a conference call at 11:00 a.m. Eastern Time that day to review and interpret the performance. Company Chairman, President and Chief Executive Officer Michael J. Dr. Hartnett, Vice President and Chief Operating Officer Daniel A. Bergeron and Vice President and Chief Financial Officer Robert M. Sullivan will attend this meeting. Investors can listen to the webcast through the investor relations page of the company's official website. The dial-in number is 877-407-4019 (+1 201-689-8337 for international users) and the meeting ID is 13761571. Replays of the meeting will be available within two hours of the conclusion and will be retained for two weeks. Founded in 1919 and headquartered in Oxford, Connecticut, RBC Bearings is an international manufacturer of high-precision bearings, components and critical systems for the industrial, aerospace and defense markets. The company's main businesses are divided into two major segments: aerospace/defense and industrial. The aerospace/defense segment covers application fields such as commercial aviation, defense aviation, missiles and space, while the industrial segment targets the construction, mining, energy, agriculture and other machinery and equipment markets. According to the previously released fourth quarter and full-year results of fiscal year 2026, the company's fourth quarter net sales were US$518 million, a year-on-year increase of 18.3%, of which the aerospace/defense segment increased by 41.2% and the industrial segment increased by 5.5%. Full-year net sales were US$1.871 billion, a year-on-year increase of 14.3%. For the first quarter of fiscal year 2027, the company previously expected net sales to be between US$500 million and US$510 million, a year-on-year increase of 14.7% to 17%, and the adjusted gross profit margin is expected to be in the range of 45.25% to 45.5%.