Brady Corporation reported record high revenue and adjusted EPS for fiscal year 2026, marking its sixth consecutive record earnings year. The company also announced the completion of its acquisition of Honeywell's PSS business (now IPS) and provided strong fiscal year 2027 guidance, projecting significant revenue contribution from the acquisition and increased adjusted EPS.
Brady Corporation (BRC) announced record financial results for fiscal year 2026, achieving its sixth consecutive year of record earnings. This positive performance is further amplified by the successful acquisition of Honeywell's PSS business, now rebranded as Intelligent Productivity Solutions (IPS), which positions Brady as a significant player in the industrial technology sector. The company provided robust guidance for fiscal year 2027, anticipating substantial revenue contribution from the IPS acquisition and a healthy adjusted EPS range, indicating immediate accretion. This news is a strong positive catalyst for BRC, signaling successful strategic execution and future growth potential, particularly as it pivots towards an industrial technology focus with expanded market reach.