Net income was $12.29 a share, compared with $217.5 million, or $10.57 a share, in the year-earlier quarter. Adjusted earnings came to $12.57 a share; analysts polled by FactSet had forecast $12.13.
Net sales increased to $1.09 billion from $1.03 billion, beating Wall Street’s $1.07 billion estimate. The company raised its full-year 2026 adjusted earnings guidance to $47.70 to $47.90 a share, from its previous range of $47.15 to $47.50. For 2027, it forecast adjusted earnings of $52.50 to $53.50 a share.

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