Advanced Drainage Stock Rises on Lifted Sales View

Dow Jones
Nov 07, 2025
 

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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