RBC Bearings (ROLL) Tops Q3 EPS by 13c

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RBC Bearings Incorporated Announces Fiscal 2022 Third Quarter Results

February 10, 2022 8:00 AM EST

OXFORD, Conn.--(BUSINESS WIRE)-- RBC Bearings Incorporated (Nasdaq: ROLL, ROLLP), a leading international manufacturer of highly engineered precision bearings and components for the industrial, defense and aerospace industries, today reported results for the third quarter of fiscal year 2022.

Key Highlights

Third quarter net sales of $267.0 million increased 83.0% over last year; organic net sales up 7.6%. Third quarter adjusted gross margin of $100.3 million, 37.6% compared to 38.7% for the same period last year. Fourth quarter outlook shows net sales of $340.0 million to $350.0 million including three months of Dodge, a... More