Advanced Drainage Stock Rises on Lifted Sales View

Dow Jones
2025/11/07
 

By Katherine Hamilton

 

Shares of Advanced Drainage Systems rose after the company lifted the midpoint of its full-year sales outlook.

The stock gained 8% to $145.55 on Thursday. Shares are up 26% this year.

The maker of stormwater and wastewater solutions now expects fiscal 2026 sales to be $2.9 billion to $2.99 billion, for a midpoint of $2.95 billion.

The prior guidance, of $2.825 billion to $2.975 billion, had a $2.9 billion midpoint.

For the fiscal second quarter, sales rose 8.7% to $850.4 million, ahead of the $801 million that analysts polled by FactSet expected.

The Hilliard, Ohio-based company said adjusted earnings were $1.97 a share for the quarter. Analysts were anticipating $1.64 a share.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

November 06, 2025 13:50 ET (18:50 GMT)

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