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Enerpac Tool Group Corp.
12/18/2025
Thank you for standing by. My name is Eric and I will be your conference operator today. At this time, I would like to welcome everyone to the Interpac Tool Group Corporation Q1 fiscal 2026 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. I'd now like to turn the call over to Travis Williams, Senior Director of Investor Relations. Please go ahead.
Thank you, Operator. Good morning, and thank you for joining us for Interpac Tool Group's earnings call for the first quarter of fiscal 2026. On the call today to present the company's results are Paul Sternlieb, President and Chief Executive Officer, and Darren Kozik, Chief Financial Officer. The slides referenced on today's call are available on the Investor Relations section of the company's website, which you can download and follow along. A recording of today's call will also be made available on our website. Today's call will reference non-GAAP measures. You can find a reconciliation of GAAP to non-GAAP measures in the press release issued yesterday. Our comments also include forward-looking statements that are subject to business risks that could cause actual results to be materially different. Those risks include matters noted in our latest SEC filings. With that, I will turn the call over to Paul.
Thanks, Travis, and good morning, everyone. For our first quarter of fiscal 2026, results were essentially as expected. and there were some favorable developments and encouraging trends. In our industrial tools and services segment, or IT&S, product sales grew a healthy 4% organically, which we believe is a reflection of our ongoing ability to gain market share and outperform our broader industrial peers. Additionally, we saw a strong IT&S product order growth for the quarter, increasing our confidence in the outlook for the year. And as I will talk about later, We continue to invest in the business to support our growth strategy. With that, let me turn the call over to Darren, who will provide more detail on our first quarter performance, as well as geographic and end market trends. Then I'll come back to talk about our investments in growth and some important projects where we are supporting customers for mission-critical applications. Darren?
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