H.B. Fuller Company (FUL) Earnings Call Transcripts
H.B. Fuller Company's Latest Earnings Call - Q1 FY2026
H.B. Fuller Company reported its Q1 2026 earnings, with organic revenue decreasing by 6.6% year-on-year due to lower volumes despite positive pricing. EBITDA reached $119 million, a 4% increase year-on-year, and EBITDA margin expanded by 90 basis points to 15.4%. The company raised its fiscal 2026 guidance, now expecting net revenue to grow mid-single digits and adjusted EPS to range between $4.55 and $4.90, reflecting updated pricing actions and anticipated market share gains.
Reported metrics
| Metric | Value |
|---|---|
| Organic Revenue | -6.6% (miss) |
| EBITDA | $119 million (beat) |
| EBITDA Margin | 15.4% (positive) |
| Adjusted EPS | $0.57 (beat) |
| Net Debt to EBITDA | 3.1x (neutral) |
Guidance from management
Fiscal 2026 guidance was raised, with net revenue expected to grow mid-single digits and adjusted EPS projected between $4.55 and $4.90. Adjusted EBITDA is now expected to be in the range of $645 million to $675 million.
What management said
I would think of it, Kevin, like a window and opportunity, a window in time, right? Because right now, while there are unmet needs, right? Unfilled capacity customers need material, all the barriers are down to getting share in the existing market. Now what will happen over time is material will -- the Middle East conflict will end, material will be more available again. And however, at the same time, that barrier wa...
Yes. It is a balance, Jeff, of 3 things. So one is the positive impact of gaining share. The second is the negative impact of our customers potentially not being able to get other materials, other substrates to produce their product with. And then the third is some erosion in global demand because of this inflationary environment. And so we believe the 3 of those things are likely more net negative than what we felt ...
What analysts pressed on
Analysts expressed concerns about the impact of raw material constraints and the sustainability of volume growth, particularly in light of the updated volume guidance from flat to down 5%. There were also questions about the potential impact on specific segments and geographies.
Main topics on the call
- Revenue Decline — Organic revenue decreased 6.6% year-on-year, driven by a 7.2% decline in volume, partially offset by a 0.6% increase in pricing. Management noted, 'positive pricing was offset by lower volume.'
- EBITDA and Margin Expansion — EBITDA increased 4% to $119 million, with margins expanding 90 basis points to 15.4%. This was attributed to 'continued restructuring savings from Quantum Leap and the positive impact from price and raw material cost act...
- Supply Chain Disruption — The conflict in the Middle East has led to significant raw material constraints, with over 40 force majeure letters received. Management stated, 'this conflict is already creating significant constraints on raw material ...
- Price Increases — H.B. Fuller announced a minimum 10% price increase across all product lines globally, effective April 1, to offset supply shock inflation. Management emphasized, 'we have already taken swift pricing action.'
Read the full H.B. Fuller Company transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About H.B. Fuller Company
H.B. Fuller Company (FUL) is a publicly listed company in the Chemicals industry, within the Materials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 29 calls on record spanning January 23, 2020 to June 25, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 29 H.B. Fuller Company earnings call transcripts on record, spanning January 23, 2020 to June 25, 2026. Based on this history, H.B. Fuller Company reports quarterly. The most recent call on file is dated June 25, 2026. The full list is below — each row opens the complete, free-to-read transcript.