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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. (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.
Q.E.P. Co. (OTCQX: QEPC) has unveiled its next-generation ROBERTS® adhesive manufacturing plant in Dalton, Georgia, marking a significant expansion in its production capabilities. The new facility has doubled production capacity to 18,000 gallons per single shift, compared to the previous 18,000 gallons per day.
The modernized plant features advanced machinery, new holding tanks, mixers, and state-of-the-art production and packaging lines. The three-year upgrade project enhances QEP's polymer formulation capabilities while maintaining uninterrupted production and on-time deliveries. The investment positions ROBERTS® as a leading American-owned adhesive manufacturer in an industry largely dominated by private equity firms and foreign nationals.
Q.E.P. Co. (OTCQX: QEPC) reported its fiscal 2026 first quarter results, with net sales of $61.5 million, down 3.1% year-over-year due to softness in home improvement spending. Despite lower sales, gross profit increased slightly to $22.7 million with improved margins of 36.9%. The company reported net income of $4.4 million or $1.36 per diluted share.
QEPC's EBITDA from continuing operations reached $6.1 million, representing 10% of net sales, an improvement from 8.8% in the previous year. The company also announced the opening of a new adhesive production facility in Dalton, Georgia, enhancing its domestic manufacturing capabilities. Additionally, the Board declared a quarterly cash dividend of $0.20 per share, payable on August 28, 2025.