Donaldson Company 2Q Sales Rise, Boosted by Life Sciences Business

Dow Jones02-26
 

By Nicholas G. Miller

 

Donaldson Company reported higher second-quarter sales, boosted by growth in its life sciences business.

The company posted net income of $92.5 million, or 78 cents a share, down from $95.9 million, or 79 cents a share, the year prior.

Adjusted earnings were 83 cents a share. Analysts polled by FactSet expected 89 cents a share.

Sales rose 3% to $896.3 million. Wall Street expected $898.7 million.

Life sciences sales increased 16% as a result of strong new equipment sales in food and beverage and disk drive.

Industrial solutions sales rose 2.4%, while mobile solutions sales increased 1.6%. In both segments, pricing and currency translation offset volume declines.

The company lowered its fiscal 2026 adjusted earnings guidance to $3.93 to $4.01 a share, compared with its previous forecast of $3.95 to $4.11 a share.

Donaldson raised its life sciences sales growth guidance to 5% to 9%, above its previous outlook of 1% to 5%.

Analysts see fiscal 2026 adjusted earnings of $4.05 a share.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

February 26, 2026 06:23 ET (11:23 GMT)

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