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Posted August 2, 2018

RBC Bearings sales increase by 7.4 percent

RBC Bearings reported net sales for the first quarter of fiscal 2019 were $176.0 million, an increase of 7.4 percent from $163.9 million in the first quarter of fiscal 2018.


Organic net sales increased 9.4 percent for the first quarter of 2019. Organically, net sales in the aerospace and industrial markets increased by 3.9 percent and 18.7 percent, respectively.

Net income was $27.5 million, or $1.12 per share, compared to $21.8 million, or 90 cents, for the same period last year.

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