🔹 Adj. EPS: $1.88 (Est: $1.77; ▲ +10% YoY) 🟢
🔹 Revenue: $5.8B (Est: $5.78B; ▲ +0.8% YoY) 🟢
FY25 Guidance (Updated)
🔹 Adj. EPS: $7.60–$7.90 (Est: $7.74) 🟡
🔹 Tariff Sensitivity: EPS impact of $(0.20)–$(0.40)/share
Other Key Q1 Metrics
🔹 GAAP Revenue: $6.0B (▼ -1.0% YoY)
🔹 GAAP EPS (cont. ops): $2.04 (▲ +61% YoY)
🔹 Adj. Operating Margin: 23.5% (▲ +220 bps YoY)
🔹 GAAP Operating Margin: 20.9% (▲ +180 bps YoY)
🔹 Adj. Free Cash Flow: $0.5B
🔹 Operating Cash Flow: $(0.1)B
🔹 Returned $1.7B to shareholders (dividends + buybacks)
CEO Commentary
🔸 “We had strong results in the first quarter with positive organic sales growth, margins ahead of expectations and double-digit EPS growth. In this dynamic environment, we remain focused on improving fundamentals, building a new performance culture, and advancing our strategic priorities while leveraging our global network and U.S. footprint.” – William Brown, CEO
🔸 Management is actively monitoring tariff risks, which could impact EPS by up to $0.40/share; macro conditions remain dynamic.