Quanex Reports 76.7% Increase in Net Sales for Q3 2025; Updates Full Year 2025 Guidance to $1.82 Billion in Net Sales

Reuters
Sep 05
Quanex Reports 76.7% Increase in Net Sales for Q3 2025; Updates Full Year 2025 Guidance to $1.82 Billion in Net Sales

Quanex Building Products Corporation has reported significant financial results for the third quarter ending July 31, 2025. The company generated net sales of $495.3 million, marking a substantial increase of 76.7% compared to $280.3 million for the same period in 2024. This increase was largely attributed to the acquisition of Tyman, which was completed on August 1, 2024. Excluding the Tyman contribution, net sales would have risen by 1.4%, driven mainly by increased pricing and tariff passthroughs despite lower volumes. Despite ongoing macroeconomic uncertainties and operational challenges in the legacy Tyman window and door hardware business in Mexico, Quanex reported an increase in adjusted earnings for the third quarter of 2025 compared to the same period in 2024. This improvement was largely due to the Tyman acquisition and the realization of related cost synergies. Looking ahead, Quanex has updated its guidance for fiscal 2025, estimating it will generate approximately $1.82 billion in net sales. This is expected to yield an Adjusted EBITDA of approximately $235 million. The company remains focused on its strategic priorities, which include the integration of Tyman, capturing synergies, generating cash flow to reduce debt, and opportunistically repurchasing its stock.

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