Q.E.P. Co., Inc. reports developments in its flooring installation products business, including specialty installation tools, adhesives and underlayment sold through home improvement retailers and professional specialty distribution outlets. The company markets products under brands that include QEP, LASH, ROBERTS, Capitol, Premix-Marbletite, Brutus and Homelux.
Recurring news includes quarterly and annual financial results, cash dividends, share repurchases, capital spending and updates tied to manufacturing capacity, including ROBERTS adhesive production. Company updates also discuss demand conditions in home improvement, operating expenses, sourcing and freight costs, and the completed portfolio actions that narrowed QEP's focus around its core North American business.
Q.E.P. (QEPC) reported higher sales and earnings for fiscal 2027’s second quarter and first six months, ended August 31, 2026. Quarterly sales rose 5.9% to $61.1 million; six-month sales increased 2.4% to $122.0 million. Continuing-operations diluted earnings per share reached $1.97 versus $1.09 quarterly and $3.29 versus $2.45 over six months.
Gross margins fell to 34.2% quarterly and 35.0% over six months, reflecting higher tariff, fuel and other input costs. Earnings included tariff refunds of $4.8 million quarterly and $5.7 million over six months; management does not expect these refunds to indicate ongoing operating results. Six-month operating cash flow rose to $17.3 million from $8.8 million. Net cash reached $40.1 million versus $34.1 million at February 28, 2026, while working capital was $74.7 million versus $75.5 million. Six-month share repurchases totaled $9.169 million.
Q.E.P. (QEPC) has declared a regular quarterly cash dividend of $0.22 per share on its common stock.
The Board maintained the quarterly dividend at its existing amount. Payment is scheduled for November 24, 2026, to stockholders of record at the close of business on November 6, 2026.
QEP (QEPC) completed the acquisition of substantially all Spray-Lock assets on September 1, 2026, expanding its adhesives business.
Spray-Lock develops, manufactures and distributes premium aerosol spray adhesives for flooring and wall applications. The transaction advances QEP’s strategy to broaden its core adhesives platform by adding Spray-Lock’s patented spray-applied technology, proprietary formulations and technical expertise to QEP’s existing flooring installation solutions. Spray-Lock’s water-based products are designed to simplify application, use less adhesive than traditional trowel-applied methods, and provide moisture and pH tolerance, low-VOC content and time-saving installation benefits.
With Spray-Lock, QEP extends its offerings across luxury vinyl tile and plank, sheet flooring, vinyl composition tile, carpet tile, rubber flooring, underlayment, wall coverings and FRP wall panel applications. The acquired business is now integrated into QEP’s North American operations, and QEP plans to collaborate with the Spray-Lock team, customers and partners to support an orderly transition and continuity of service.
Q.E.P. (OTCQX: QEPC) reported fiscal 2027 first quarter net sales of $61.0 million, down 0.9% from $61.5 million a year earlier, mainly from lower non-core powder sales. Gross profit was $21.8 million and gross margin declined to 35.7% from 36.9%, impacted by higher tariffs and inflation.
Operating expenses were $16.5 million (27.0% of sales), slightly below last year’s $16.9 million. Operating income was $5.3 million versus $5.8 million. Net income was $4.0 million, or $1.33 per diluted share, compared with $4.4 million, or $1.36. Adjusted EBITDA was $5.751 million, versus $6.125 million.
Cash from operating activities rose to $6.0 million from $2.6 million, supporting dividends, capital spending and about $7.0 million of share repurchases. QEP ended the quarter with working capital of $71.6 million and a net cash position of $32.0 million. Other income included roughly $1.0 million of tariff refunds.
Q.E.P. (OTCQX: QEPC) declared a regular quarterly cash dividend of $0.22 per share on its common stock. The dividend is payable August 27, 2026 to shareholders of record on August 4, 2026, reflecting the company’s stated focus on long-term shareholder value.
QEP (OTCQX: QEPC) reported fiscal 2026 net sales of $233.7 million, down 4.1% from 2025, reflecting softer home improvement demand and tariff impacts. Gross margin was 35.4%.
Net income was $15.8 million ($4.90 diluted EPS). Adjusted EBITDA from continuing operations was $19.8 million (8.5% of sales). Operating cash flow rose to $14.3 million, with working capital at $75.5 million and net cash at $34.1 million. QEP used cash flow and divestiture proceeds for capex, share repurchases, dividends and to increase cash balances.
Q.E.P. Co. (OTCQX: QEPC) said its Board approved a 10% increase in the regular quarterly cash dividend to $0.22 per share. The dividend is payable May 28, 2026 to shareholders of record on May 1, 2026. The company framed the raise as part of disciplined capital allocation and long-term shareholder value creation.
Q.E.P. CO. (OTCQX: QEPC) reported fiscal 2026 nine-month and third-quarter results for the period ended November 30, 2025. Nine-month net sales were $178.3M (down 4.7% YoY) and Q3 net sales were $59.1M (down 3.2% YoY). Nine-month net income from continuing operations was $11.5M or $3.53 diluted EPS; Q3 net income was $3.5M or $1.08 diluted EPS. Adjusted EBITDA was $16.0M (9.0% of sales) for nine months and $4.9M (8.3%) for Q3. Cash provided by operations was $15.8M YTD; aggregate available cash/net of debt rose to $36.1M. Management cited consumer uncertainty and housing pressure while reiterating capital returns to shareholders.
Q.E.P. Co. (OTCQX: QEPC) declared a quarterly cash dividend of $0.20 per share. The dividend is payable on February 26, 2026 to stockholders of record as of February 3, 2026. The board described the payment as reflecting the company's ongoing commitment to delivering shareholder value.
Q.E.P. Co. (OTCQX: QEPC) reported fiscal 2026 six-month and second-quarter results for the period ended August 31, 2025. Net sales were $119.2M for six months (down 5.5% YoY) and $57.7M for the quarter (down 7.8% YoY). Gross profit was $43.3M for six months and $20.6M for the quarter; gross margin improved to 36.3% and 35.7% in the six-month and quarter periods. Net income from continuing operations was $7.98M (six months) and $3.54M (quarter), or $2.45 and $1.09 per diluted share. EBITDA, as adjusted, was $11.1M (six months) and $5.0M (quarter). Working capital was $72.3M and available cash, net of debt, rose to $34.3M. The Board declared a $0.20 per share quarterly cash dividend payable Nov 26, 2025.