NX — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-06-05

• Net Sales. Net sales increased $0.1 million for the three months ended April 30, 2026 compared to the same period in 2025. Net sales were relatively flat, as $4.8 million favorable tariff-related pricing adjustments and a $3.3 million favorable impact from foreign currency rate changes were largely …

• Cost of Sales. Cost of sales increased $16.9 million, for the three months ended April 30, 2026 compared to the same period in 2025. The increase was primarily due to higher tariff-related costs, unfavorable foreign currency movements, other cost inflation and increases in transportation costs, part…

• Selling, General and Administrative. Selling, general and administrative expenses increased $3.5 million, or 11%, for the three months ended April 30, 2026 compared to the same period in 2025. The increase is primarily due to increases in stock-based compensation and medical costs, partially offset …

• Restructuring Charges. Restructuring charges decreased $0.9 million, or 100%, for the three months ended April 30, 2026 compared to the same period in 2025. This decrease is primarily attributable to the restructuring of our operating segments in fiscal 2025. For additional discussion of the restruc…

• Net Sales. Net sales increased $1.0 million for the three months ended April 30, 2026 compared to the same period in 2025 primarily due to a $4.7 million favorable impact from foreign currency rate changes and a $1.5 million increase in price and raw material indexes, partially offset by a $5.2 mill…

Text removed vs the prior filing · source: 10-Q · 2026-03-06

• Cost of sales (excluding depreciation and amortization)150,724 150,785 (61)—%

• Net Sales. Net sales increased $4.4 million, or 2%, for the three months ended January 31, 2026 compared to the same period in 2025. The increase was primarily attributable to $5.8 million of favorable tariff-related pricing adjustments and a $4.3 million favorable impact from foreign currency trans…

• Cost of Sales. Cost of sales decreased $0.1 million, for the three months ended January 31, 2026 compared to the same period in 2025. Cost of sales decreased primarily due to lower volumes, largely offset by the impact of pricing actions, tariff recoveries, and foreign currency movements.

• Selling, General and Administrative. Selling, general and administrative expenses increased $0.8 million, or 2%, for the three months ended January 31, 2026 compared to the same period in 2025. The increase is primarily due to increases in labor costs and other miscellaneous selling and general admi…

• Restructuring Charges. Restructuring charges decreased 6.1 million, or 100%, for the three months ended January 31, 2026 compared to the same period in 2025. This decrease is primarily attributable to the restructuring of our operating segments in fiscal 2025. For additional discussion of the restru…

Text added vs the prior filing · source: 10-Q · 2026-06-05

• Our international operations have exposure to foreign currency rate risks, due primarily to fluctuations in the Euro, the British Pound Sterling (“GBP”) and the Mexican Peso (“MXN”) exchange rates, to the U.S. Dollar (“USD”). From time to time, we enter into foreign exchange contracts associated wit…

• Certain raw materials and commodities we use to manufacture our products are subject to tariffs. There is uncertainty regarding how recently enacted tariffs and potential future tariffs may affect the price of these raw materials and commodities. We are constantly assessing potential supply chain vu…

Text removed vs the prior filing · source: 10-Q · 2026-03-06

• Our international operations have exposure to foreign currency rate risks, due primarily to fluctuations in the Euro, the British Pound Sterling (“GBP”) and the Mexican Peso (“MXN”) exchange rates, to the U.S. Dollar (“USD”). From time to time, we enter into foreign exchange contracts associated wit…

• Certain raw materials and commodities we use to manufacture our products are subject to tariffs. Currently, there is an uncertainty on how recently enacted tariffs and potential future tariffs may affect the price of these raw materials and commodities. We are constantly assessing potential supply c…

• mitigate potential tariff impacts. We are also utilizing local supply chains where possible to reduce supply and cost risks. Additionally, we continue to explore alternative supply sources and evaluate shifts in demand. Further discussion of our industry risks is included within our Annual Report on…

Text added vs the prior filing · source: 10-Q · 2026-06-05

• Consolidations, restructurings, bankruptcies or reorganizations involving our customers, distributors or suppliers could adversely affect our business, results of operations, financial condition and cash flows.

• Our customers, distributors and suppliers operate in industries that may be affected by changes in general economic conditions, housing and residential repair and remodeling activity, inflation, interest rates, availability of credit, labor availability and other market conditions. Consolidations, r…