The company posted a profit of $221.2 million, or $1.73 a share, for the period ending May 31, dipping slightly from the $225.8 million, or $1.76 a share, recorded during the same quarter last year. When excluding one-time items, earnings reached $1.89 a share, falling just shy of the $1.90 mark anticipated by FactSet analysts.

Chief Executive Frank Sullivan attributed the recent performance to a strategic focus on restoration and maintenance solutions, which allowed the firm to capture a larger portion of construction spending. Looking toward fiscal 2027, the company projects annual sales growth between 3% and 7%. Sullivan expects the current momentum to persist, though he cautioned that the firm remains mindful of inflationary risks tied to geopolitical instability in the Middle East.