RBC Bearings Incorporated, which trades on the New York Stock Exchange under the ticker RBC, has revealed it will announce its financial outcomes for the first quarter of fiscal year 2027 before the market opens on Friday, July 31. A conference call led by the company's management to review and discuss the results is scheduled for 11:00 a.m. Eastern Time on the same day.
The call will feature Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer. Investors can access a live webcast via the investor relations section of the company's website. For those dialing in, the domestic number is 877-407-4019, while international participants can call +1 201-689-8337, using conference ID 13761571. A replay will become available within two hours after the call concludes and will be accessible for two weeks.
Founded in 1919 and headquartered in Oxford, Connecticut, RBC Bearings is a global producer of highly engineered bearings, components, and essential systems for the industrial, aerospace, and defense markets. The company's operations are organized into two primary segments: Aerospace/Defense and Industrial. The Aerospace/Defense segment serves applications in commercial aviation, defense aviation, missile, and space programs. The Industrial segment focuses on machinery and equipment markets, including construction, mining, energy, and agriculture.
In its most recent report for the fourth quarter and full fiscal year 2026, the company posted net sales of $518 million for the quarter, an increase of 18.3% year-over-year. This growth was driven by a 41.2% surge in the Aerospace/Defense segment and a 5.5% rise in the Industrial segment. Full-year net sales reached $1.871 billion, up 14.3% from the prior year. For the upcoming first quarter of fiscal 2027, the company has previously provided guidance, anticipating net sales in the range of $500 million to $510 million, representing year-over-year growth of 14.7% to 17%. The projected adjusted gross margin is expected to be between 45.25% and 45.5%.