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QEP FY27 Q1 net income drops 9.1% to $4.05 million; net sales slip 0.9% to $61 million
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QEP FY27 Q1 net income drops 9.1% to $4.05 million; net sales slip 0.9% to $61 million
  • QEP posted fiscal Q1 net income of USD 4.05 million, down 9.1%, with diluted EPS at USD 1.33.
  • Net sales slipped 0.9% to USD 61 million, pressured by lower sales in the non-core powder business.
  • Gross profit fell 4.1% to USD 21.75 million; gross margin narrowed 1.2 percentage points to 35.7% on higher tariff costs and inflation.
  • Operating income eased to USD 5.28 million from USD 5.83 million, as higher outbound freight and sales-and-marketing investment offset tariff refunds.
  • Cash provided by operating activities rose to USD 6.04 million from USD 2.62 million; QEP repurchased about USD 7 million of stock and paid USD 673,000 in dividends.


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. QEP Co. Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607150800PRIMZONEFULLFEED9762656) on July 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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