H.B. Fuller (FUL) Q1 2026 Earnings Call Transcript

What: H.B. Fuller reported Q1 2026 net sales of $**864 million**, a **3.5%** increase year-over-year.
Why: The company cited strong demand for its adhesive technologies in the packaging and construction industries as key drivers of growth.
Signal: H.B. Fuller's adjusted EBITDA margin expanded to **15.1%**, up from **14.4%** in the prior year quarter.
Target: The company reaffirmed its full-year 2026 guidance, expecting net sales growth of **4-6%** and adjusted EBITDA margin of **15.2-15.5%**.
Risk: H.B. Fuller's Q1 results were impacted by higher raw material costs and supply chain disruptions, which the company expects to mitigate through price increases and operational efficiency initiatives.