Q.E.P. Co., Inc. Reports Fiscal 2027 Six-Month and Second-Quarter Financial Results
QEP reported Q2 fiscal 2027 net sales of $61.1 million, up 5.9% year-over-year, with six-month sales of $122.0 million, up 2.4%. Q2 diluted EPS from continuing operations nearly doubled to $1.97 from $1.09, and six-month EPS rose to $3.29 from $2.45, though results include $4.8 million (Q2) and $5.7 million (six months) of one-time IEEPA tariff refunds that management says are not indicative of ongoing results. Gross margin compressed to 34.2% from 35.7% in Q2 on tariff and fuel/input costs, but operating expenses fell as a percentage of sales, operating cash flow doubled to $17.3 million, and the company ended the quarter with a $40.1 million net cash position.
Key figures
- Eps
- $1.97 diluted (Q2, continuing operations; six-month $3.29)
- Revenue
- $61.1 million
- Revenue Yoy
- 5.9%
- Ebitda q2
- $7.9 million (12.9% of net sales)
- Gross margin q2
- 34.2% (down from 35.7%)
- Ebitda six month
- $13.6 million (11.2% of net sales)
- Net cash position
- $40.1 million
- Six month revenue
- $122.0 million
- Six month revenue yoy
- 2.4%
- Gross margin six month
- 35.0% (down from 36.3%)
- Ieepa tariff refunds q2
- $4.8 million
- Operating cash flow six month
- $17.3 million (vs $8.8 million prior year)
- Ieepa tariff refunds six month
- $5.7 million
- Buyback and dividends six month
- $9.2 million
AI analysis
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