H.B. Fuller Co. recently reported financial results for its third quarter that ended August 30, 2025. The company posted revenue for the third quarter of fiscal 2025 of $892 million, down 2.8% versus the third quarter of fiscal 2024; adjusting for the flooring divestiture, net revenue was up 1.6% year-on-year. The company’s gross profit margin was 32.0%, and its adjusted gross profit margin was 32.3%, up 190 basis points year-on-year. The increase in gross profit margin was driven principally by favorable net pricing and raw material cost actions, the impact of acquisitions and divestitures, and cost reduction efforts. H.B. Fuller’s net income for the quarter was $67 million. Pricing increased net revenue by 1.0%, which was more than offset by lower volume, resulting in a 0.9% organic revenue decline year-on-year. Foreign currency translation increased net revenue by 1.0% and the net impact of acquisitions and divestitures decreased net revenue by 2.9%.

Commenting on the third quarter, H.B. Fuller President and CEO Celeste Mastin said, “We delivered a strong quarter, evidenced by continued margin expansion and double-digit EPS growth despite the challenging operating environment. Our continued operational discipline, strong execution, and ongoing portfolio shift keep us on track to achieve our greater than 20% EBITDA margin target. Despite our strong performance, we remain cautious and have tightened our guidance range for the year to reflect a globally subdued economic backdrop. Looking forward, we expect volume growth to remain elusive, and end market conditions to be challenging. However, we continue to actively focus on enhancing the composition of our portfolio, driving continued efficiencies, and structurally repositioning the company for growth and continued margin expansion, consistent with our long-term strategy.”

Looking forward, the company reports that because of its year-to-date performance and current macroeconomic conditions, It is updating previously communicated financial guidance for fiscal 2025. The company now expects nett revenue for fiscal 2025 to be down 2% to 3%. Organic revenue for fiscal 2025 is now expected to be flat to up 1%. Additionally, H.B. Fuller now expects foreign exchange to adversely impact net revenue by approximately 1.0%. Adjusted EBITDA for fiscal 2025 is now expected to be in the range of $615 million to $625 million, equating to growth of 4% to 5% year-on-year. Adjusted EPS (diluted) is now expected to be in the range of $4.10 to $4.25, equating to growth of 7% to 11% year-on-year. 

For additional information about H.B. Fuller, visit www.hbfuller.com. 

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