SIFCO Q3 FY26 net sales rise 18.1% to $26.1 million; continuing operations swings to breakeven loss
Reuters2026/08/10 11:10Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SIFCO posted a nominal loss from continuing operations on net sales of $26.1 million, up 18.1% year over year.
- Gross profit fell to $3.4 million from $5.9 million, pressured by a $3.2 million increase in LIFO expense.
- Cost of goods sold climbed to $22.7 million, rising 40.3% and reaching 86.9% of net sales.
- SG&A expenses increased to $3.1 million from $2.6 million, driven by $0.5 million in incentive compensation accruals.
- Backlog rose to $164.2 million at June 30, 2026 from $130.4 million a year earlier, with aerospace recovery cited as the main driver.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SIFCO Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000090168-26-000025), on August 10, 2026, and is solely responsible for the information contained therein.
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