Gates (GTES) Q1 2026 Earnings Call Transcript
Gates (GTES) reported Q1 2026 revenue of $851 million, a core sales decrease of 2.9% due to ERP transition and fewer working days. Adjusted EBITDA was $177 million with a margin of 20.8%, down 130 basis points year-over-year. The company also noted a decline in adjusted gross margin and adjusted EPS of $0.35, impacted by ERP-related inefficiencies.
Tickers: $GTES
Topics: adjusted EBITDA earnings ERP transition revenue sales growth segment performance