H.B. Fuller

H.B. Fuller Co. engages in the manufacture and marketing of adhesives, sealants, and other chemical products. It operates through the following business segments: Hygiene, Health, and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. The Hygiene, Health, and Consumable Adhesives segment supplies adhesive products in the assembly, packaging, converting, nonwoven, hygiene, health and beauty, flexible packaging, graphic arts, and envelope markets. The Engineering Adhesives segment provides adhesives to the transportation, electronics, medical, clean energy, aerospace and defense, performance wood, insulating glass, textile, appliance, and heavy machinery markets. The Construction Adhesives segment manufactures adhesives, sealants, tapes, mortars, and grouts for construction activities. The company was founded by Harvey Benjamin Fuller in 1887 and is headquartered in St. Paul, MN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

H.B. Fuller reports strong FY 2022 results, eyes profit growth in 2023

H.B. Fuller's FY 2022 showcased resilience and growth despite industry challenges. The company navigated supply chain disruptions and raw material cost inflation effectively, positioning itself for profit growth and margin expansion in 2023.

H.B. Fuller reports stable Q1 earnings, eyes strategic acquisitions for growth

H.B. Fuller navigated challenges in specific segments while maintaining stable performance overall. Strategic acquisitions and cost-saving measures are set to drive future growth and improve EBITDA margins.

H.B. Fuller reports resilient Q2 performance amidst organic revenue decline

H.B. Fuller navigated challenges from destocking and industrial demand slowdown to achieve strong profit performance. Strategic acquisitions are driving growth, while pricing competition and organic revenue declines remain areas of focus. The company is optimistic about volume trends improving and expects significant adjusted EBITDA growth for the year.

H.B. Fuller (FUL) reports resilient Q3 performance and eyes growth

H.B. Fuller (FUL) showcased resilience with improved EBITDA margins and cash flow despite revenue declines, driven by acquisitions and cost-saving initiatives.
Challenges include organic revenue drops and nonrecurring charges, but opportunities lie in margin expansion, cost savings, and strategic acquisitions.
The company's focus on operational efficiency, pricing optimization, and growth investments positions it well for future profitability and performance.
Guidance for Q4 signals a strong performance uptick, supported by raw material savings, pricing strategies, and restructuring impacts for enhanced results.

H.B. Fuller achieves record margins and eyes strategic growth opportunities

H.B. Fuller's Q4 2023 earnings call showcased strong performance with record margins, positive volume trends, and strategic investments. While facing challenges like potential recession and raw material cost fluctuations, the company is poised for growth with revenue expectations, pricing resilience, and organic volume confidence. Opportunities for expansion through M&A, market segment focus, and margin enhancement highlight a promising outlook for sustainable growth.

H.B. Fuller reports Q1 revenue dip but EBITDA growth

H.B. Fuller's Q1 2024 showcased mixed results with revenue decline but EBITDA growth. The company faces challenges from pricing adjustments and global economic conditions. However, opportunities exist in segment growth and improved operational efficiency.

H.B. Fuller Reports Strong Q2, Eyes Strategic Growth

H.B. Fuller's Q2 2024 earnings highlight a strong financial trajectory with strategic acquisitions and market segment expansions driving growth. The company's focus on high-growth areas and restructuring initiatives are set to enhance profitability and shareholder value. With a positive outlook for 2024, H.B. Fuller is well-positioned for sustained growth.

H.B. Fuller reports robust Q3 performance amidst solar business challenges

H.B. Fuller's Q3 2024 earnings call showcased strong performance, emphasizing margin expansion and organic growth.
While challenges like solar business decline were noted, the company's strengths in talent and strategic focus bode well for future growth.
Opportunities for growth through acquisitions and market expansion were highlighted, underpinning a positive long-term outlook.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Agree Realty

Axis Capital

Caterpillar

Colgate-Palmolive

Quest Diagnostics

Erie Indemnity

Farmers & Merchants Bancorp

First Bancorp

Gladstone Investment

Glacier Bancorp

Graham Holdings

Horizon

Intuit

Kaiser Aluminum

Gladstone Land

Lakeland Financial

McCormick

New York Times

Oracle

Bank OZK

Procter & Gamble

Pentair

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

Dividend Champion, Contender, And Challenger Highlights: Week Of April 16

EMCOR Group

GFL Environmental

QUALCOMM

Constellation Brands

QUALCOMM (QCOM), H.B. Fuller Company (FUL), GFL Environmental (GFL), Constellation Brands (STZ) and EMCOR Group (EME) recently hiked dividends.

5 Stocks to Watch That Recently Hiked Dividends

Williams-Sonoma

All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.5% and a median increase of 7.9%.

3 Upcoming Dividend Increases Including 2 Dividend Kings

ST. PAUL, Minn.--(BUSINESS WIRE)--H.B. Fuller Company (NYSE: FUL) today announced that its Board of Directors approved an increase in the Company's regular quarterly cash dividend from $0.19 per share of common stock to $0.205 per share of common stock, payable on May 4, 2023 to shareholders of record at the close of business on April 20, 2023. This represents an 8% increase over the prior quarterly dividend and marks the 54th consecutive year in which the Company has increased its dividend.

H.B. Fuller Increases Quarterly Dividend by 8 Percent

Aptargroup

American Water Works

Best Buy

Costco

CareTrust REIT

Dollar General

General Dynamics

Globe Life Inc

Horace Mann Educators

Hurco Companies

Johnson & Johnson

Kadant

New Linde PLC

Lindsay

PNC Financial Services

Southern Company

SpartanNash

Sempra Energy

Steel Dynamics

Travelers

Eleven companies announced annual dividend increases in March. Colgate-Palmolive started its 7th decade of dividend growth in March with a 2% boost. Steel Dynamics followed up last year's 31% boost with a 25% increase, resulting in a 63% payout increase since 2022.

Johnson & Johnson, Procter & Gamble Among 11 Companies To Continue Dividend Growth In Early April

H.B. Fuller Company (NYSE:FUL ) Q1 2023 Earnings Conference Call March 30, 2023 10:30 AM ET Company Participants Steven Brazones - Investor Relations Celeste Mastin - President and Chief Executive Officer John Corkrean - Executive Vice President and Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird Vincent Anderson - Stifel David Begleiter - Deutsche Bank Lydia Huang - JPMorgan Mike Harrison - Seaport Research Partners Operator Good morning. My name is Colby and I will be your conference operator today.

H.B. Fuller Company (FUL) Q1 2023 Earnings Call Transcript

Dividend King H.B. Fuller (NYSE: FUL) is not an exciting stock but can be a telling indicator of economic activity.

Dividend King H.B. Fuller Signals Slowing In 2023

H. B. Fuller (FUL) delivered earnings and revenue surprises of -8.33% and 2.12%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?

H. B. Fuller (FUL) Q1 Earnings and Revenues Miss Estimates

ST. PAUL, Minn.--(BUSINESS WIRE)--H.B. Fuller Company (NYSE: FUL) today reported financial results for its first quarter that ended March 4, 2023. First Quarter 2023 Noteworthy Items: Net revenue of $809 million, down 5.5% year-on-year, in-line with Company expectations; organic revenue decreased 2.5% year-on-year, driven by lower volume, offset by favorable pricing; Gross margin was 26.5%; adjusted gross margin of 26.

H.B. Fuller Reports First Quarter 2023 Results

ST. PAUL, Minn.--(BUSINESS WIRE)--H.B. Fuller Company (NYSE: FUL) announced plans to report its financial results for the three-month fiscal period ended March 4, 2023, in a press release issued after the market close on March 29, 2023. The Company will hold an investor conference call on March 30, 2023, at 9:30 a.m. CT (10:30 a.m. ET) to discuss its financial results. Interested parties may listen to the conference call on a live webcast.

H.B. Fuller to Report First Quarter 2023 Results on March 29, 2023

BASEL, Switzerland--(BUSINESS WIRE)-- #HBFULLERCares--H.B. Fuller Company (NYSE: FUL), a leading global adhesives provider, announced that it has recently joined RecyClass, a comprehensive cross-industry initiative open to companies actively looking to improve the circularity of plastic packaging and to contribute toward harmonization of recyclability and recycled content practices across Europe.

H.B. Fuller Joins RecyClass

AbbVie

ABM Industries

Abbott Labs

American States Water

Becton, Dickinson and Co.

Black Hills

Commerce Bancshares

Cincinnati Financial

California Water Service Group

Dover

Emerson Electric

Federal Realty Investment Trust

Genuine Parts

W.W. Grainger

Hormel Foods

Illinois Tool Works

Kimberly-Clark

Coca-Cola

Lancaster Colony

Leggett & Platt

Lowe's

Dividend Kings have an astounding track record of 50 or more years of higher dividend payouts. I rank the Dividend Kings using Quality Snapshots, a simple yet elegant system for assessing the quality of dividend growth stocks.

The Dividend Kings Ranked By Quality Score

H.B. Fuller Company (NYSE:FUL ) Q4 2022 Earnings Conference Call January 19, 2023 10:30 AM ET Company Participants Steven Brazones - Vice President of Investor Relations Celeste Mastin - President & Chief Executive Officer John Corkrean - Executive Vice President & Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird Mike Harrison - Seaport Research Partners Vincent Anderson - Stifel David Begleiter - Deutsche Bank Jeff Zekauskas - JPMorgan Chase Eric Petrie - Citi Operator Good morning. My name is Chris, and I'll be your conference operator today.

H.B. Fuller Company (FUL) Q4 2022 Earnings Call Transcript

H. B. Fuller (FUL) delivered earnings and revenue surprises of -16.13% and 3.98%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

H. B. Fuller (FUL) Misses Q4 Earnings and Revenue Estimates

ST. PAUL, Minn.--( BUSINESS WIRE )--H.B. Fuller Company (NYSE: FUL) today reported financial results for its fourth quarter and fiscal year that ended December 3, 2022.

H.B. Fuller Reports Fourth Quarter and Fiscal Year 2022 Results

PUNE, India--( BUSINESS WIRE )--H.B. Fuller (NYSE: FUL), one of the world's leading adhesives suppliers, announces the launch of Swift®melt 1515-I, its first bio-compatible product compliant in IMEA – India, Middle East, and Africa. The product is for medical tape applications to be used in stick-to-skin under unique climatic conditions, such as the high temperatures and humidity in the Indian sub-continent.

H.B. Fuller to Launch New Bio-Compatible Adhesive for Medical Applications

Parker-Hannifin

Most income-oriented investors focus almost exclusively on the current dividend yield of stocks to decide whether to purchase them. However, the payout ratio and the growth prospects of the company are equally important, as they are the determinants of future dividend growth.

3 Stocks Primed for High Dividend Growth

Altria

MSA Safety

Nordson

Stanley Black & Decker

Sysco

Tennant

V.F.

The 48 Dividend Kings ended the year with a loss in December, collectively down 3.95%. Last month, the 11 best dividend kings based on forecasted growth and valuation underperformed the average dividend king return by 140 bps.

My 11 Best Dividend Kings For January 2023

ST. PAUL, Minn.--( BUSINESS WIRE )--H.B. Fuller Company (NYSE: FUL) announced plans to report its financial results for the three-month and twelve-month fiscal periods ended December 3, 2022, in a press release issued after the market close on January 18, 2023. The Company will hold an investor conference call on January 19, 2023, at 9:30 a.m. CT (10:30 a.m. ET) to discuss its financial results.

H.B. Fuller to Report Fourth Quarter and Fiscal Year 2022 Results on January 18, 2023

H. B. Fuller (FUL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will H. B. Fuller (FUL) Beat Estimates Again in Its Next Earnings Report?

H.B. Fuller Company has done well lately, with sales and profits rising nicely. This follows years of mixed results, so investors shouldn't get too excited, but the overall picture is getting better.

H.B. Fuller Company: Robust Performance Warrants Optimism

ST. PAUL, Minn.--( BUSINESS WIRE )--H.B. Fuller Company (NYSE: FUL) announced today that Charles (Chuck) T. Lauber was elected as an independent member to its board of directors, effective January 23, 2023. He has been appointed to serve on the audit committee and compensation committee of the board.

H.B. Fuller Elects Charles Lauber to Board of Directors

Albemarle

Dividend Champions are a great list of stocks to study for long-term investment options. Five years ago, I wrote a series of articles in which I reviewed Dividend Champions from specific industries to determine which stocks are buys, sells, or holds.

Dividend Champions To Buy, Sell And Hold, Part 3

News for H.B. Fuller Stock (FUL)