RBC Bearings Forecasts Q2 FY2027 Revenue Between $505M-$515M
RBC Bearings Incorporated (NYSE: RBC) reported strong performance in the first quarter of fiscal year 2027, with net sales rising by 19.2% to $519.5 million compared to the same period last year. The company attributed this growth primarily to its aerospace and defense segment, which has seen continued demand. Looking ahead, RBC Bearings is forecasting Q2 FY2027 revenue in a range of $505 million to $515 million. In addition to strong sales performance, the company outlined plans to pay off its term loan by November 2026 as part of ongoing efforts to strengthen its balance sheet and reduce debt. This move is expected to improve financial flexibility and support long-term growth initiatives.
Tickers: $RBC
Topics: A&D (Aerospace & Defense) earnings management statement sales growth