Aerospace/defense deliver strong performance for RBC Bearings
RBC Bearings Inc. reported the following results for its second quarter of fiscal 2025: net sales of $397.9 million increased 3.2% over last year, aerospace/defense up 12.5%, and industrial down 1.4%.
“RBC delivered another quarter of strong operational performance with total A&D sales up 12.5% year over year and industrial sales down only 1.4% year over year,” said Dr. Michael J. Hartnett, chairman and CEO. “On the A&D side, demand for our capacity remains robust and I am proud to say that the RBC team was able to meaningfully mitigate headwinds from a commercial aerospace OEM strike with strong demand from other customers, and we expect to continue to do so in the third quarter. On the Industrial side, we are confident that our results continued to outperform peers and broader industry trends, and that the segment can return to growth this year.”
The company expects net sales to be approximately $390.0 million to $400.0 million in the third quarter of fiscal 2025, compared to $373.9 million last year, a growth rate of 4.3% to 7.0%. Gross margin is expected to be in the range of 42.50% to 43.50% and SG&A as a percentage of net sales is expected to be in the range of 17.00% to 17.50%.
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
