H.B. Fuller Company - FUL STOCK NEWS

H.B. Fuller Company (NYSE: FUL) will announce its financial results for the fiscal period ending August 27, 2022, via a press release after market close on September 21, 2022. A conference call is scheduled for September 22, 2022, at 9:30 a.m. CT (10:30 a.m. ET) to discuss these results. Interested listeners can access the live webcast on the company's website, with pre-registration recommended. A telephone replay of the call will be available starting from 12:30 p.m. CT on September 22 until September 29, 2022.

H.B. Fuller (NYSE: FUL) announced the REVEAL of the GorillaPro® Ultimate Service Truck on August 13 at the Sturgis Motorcycle Rally. This event concludes a six-episode YouTube series by Richard Rawlings and Gas Monkey Garage®, showcasing the truck's build using GorillaPro® products. Following the REVEAL, the truck will embark on a nationwide tour to promote the GorillaPro® line of adhesives, offering hands-on training. The Gorilla Professional Grade® products include threadlockers and sealants, available through industrial distribution channels and online.

H.B. Fuller Company (NYSE: FUL) has announced a strategic partnership with Enimac, an international tape application equipment manufacturer. This collaboration aims to enhance capabilities within the expanding e-commerce packaging market. By combining expertise in pressure-sensitive adhesive tapes and application technology, both companies strive to support packaging makers effectively. H.B. Fuller is known for its innovative products, including the recently launched Open Sesame® fiber-based tear tape that aligns with sustainable packaging goals.

Ted Clark, former Chief Operating Officer of H.B. Fuller, has joined Iron Path Capital as a partner. He will lead investments in the specialty industrials sector. Clark's experience includes nearly 15 years with notable private equity firms and his previous role at H.B. Fuller, which he joined after the acquisition of Royal Adhesives and Sealants in 2017. Iron Path Capital, founded in 2021, focuses on lower middle-market companies in healthcare and specialty industrials, having made three platform investments to date.

H.B. Fuller Company (NYSE: FUL) has declared a quarterly cash dividend of $0.19 per share, payable on July 28, 2022, to shareholders of record by July 14, 2022. This marks the company's 54th consecutive year of quarterly cash dividends, reflecting its strong financial health and resilient cash flow amidst varying economic conditions. In fiscal 2021, H.B. Fuller reported net revenues of $3.3 billion, showcasing its commitment to innovation and sustainable solutions across diverse industries.

H.B. Fuller Company (NYSE: FUL) reported a record quarterly revenue of $993 million for Q2 2022, reflecting a 20% increase year-over-year, with organic growth of 22%. Adjusted earnings per share (EPS) rose 18% to $1.11. Adjusted EBITDA reached $139 million, up 14% year-over-year. The company anticipates ongoing increases in raw material costs, but expects pricing actions to offset these. Full-year adjusted EBITDA is projected between $530 million and $550 million, while adjusted EPS is expected to be in the range of $4.10 to $4.35.

H.B. Fuller Company (NYSE: FUL) is set to announce its financial results for the fiscal period ending May 28, 2022 in a press release after market close on June 22, 2022. A conference call is scheduled for June 23, 2022 at 9:30 a.m. CT to discuss these results. Interested parties can access the live webcast on the company’s website, requiring prior registration. A telephone replay will be available from 12:30 p.m. CT on June 23 through 10:59 p.m. CT on June 30, 2022.

H.B. Fuller Company (NYSE: FUL) announced its 2022 Analyst and Investor Day on April 13, 2022, from 8 a.m. to 11:30 a.m. CT in St. Paul, MN. The event will feature remarks from President and CEO James Owens and other management team members. Topics will include the company’s strategic financial model and innovation in adhesives and specialty chemicals. The event will be accessible via webcast on H.B. Fuller’s investor website. Founded in 1887, H.B. Fuller generated $3.3 billion in net revenue in fiscal 2021, focusing on sustainable adhesive solutions.

H.B. Fuller Company (NYSE: FUL) has announced a 13% increase in its quarterly dividend, raising it from $0.1675 to $0.19 per share, effective May 5, 2022. This marks the 53rd consecutive year of dividend increases, reflecting the company's strong financial position. Additionally, the Board has authorized a new $300 million share repurchase plan to be executed over the next five years. This initiative aims to enhance shareholder value and demonstrates ongoing confidence in the company’s growth prospects.