FULLER H B CO
For the period ended Aug 30, 2025. Filed Sep 25, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 30, 2025 · Filed Sep 25, 2025
FUL$51.34+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
H.B. Fuller Company
Quarterly Report on Form 10-Q
Table of Contents
| Page | ||
|---|---|---|
| PART 1. FINANCIAL INFORMATION | ||
| ITEM 1. | FINANCIAL STATEMENTS (Unaudited) | 4 |
| Consolidated Statements of Income for the three and nine months ended August 30, 2025 and August 31, 2024 | 4 | |
| Consolidated Statements of Comprehensive Income for the three and nine months ended August 30, 2025 and August 31, 2024 | 5 | |
| Consolidated Balance Sheets as of August 30, 2025 and November 30, 2024 | 6 | |
| Consolidated Statements of Total Equity for the three and nine months ended August 30, 2025 and August 31, 2024 | 7 | |
| Consolidated Statements of Cash Flows for the nine months ended August 30, 2025 and August 31, 2024 | 8 | |
| Notes to Consolidated Financial Statements | 9 | |
| ITEM 2. | MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 25 |
| ITEM 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK | 39 |
| ITEM 4. | CONTROLS AND PROCEDURES | 39 |
| PART II. OTHER INFORMATION | 40 | |
| ITEM 1. | LEGAL PROCEEDINGS | 40 |
| ITEM 1A. | RISK FACTORS | 40 |
| ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS | 41 |
| ITEM 6. | EXHIBITS | 41 |
| SIGNATURES | 42 | |
PART I. FINANCIAL INFORMATION
H.B. FULLER COMPANY AND SUBSIDIARIES
Consolidated Statements of Income
(In thousands, except per share amounts)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| August 30, | August 31, | August 30, | August 31, | |
| 2025 | 2024 | 2025 | 2024 | |
| Net revenue | $892,043 | $917,927 | $2,578,801 | $2,645,452 |
| Cost of sales | (606,929) | (642,198) | (1,780,228) | (1,848,435) |
| Gross profit | 285,114 | 275,729 | 798,573 | 797,017 |
| Selling, general and administrative expenses | (174,974) | (171,388) | (541,942) | (525,204) |
| Other income, net | 5,308 | 2,148 | 15,655 | 7,282 |
| Interest expense | (33,630) | (35,288) | (100,536) | (99,504) |
| Interest income | 1,110 | 1,092 | 3,064 | 3,597 |
| Income before income taxes and income from equity method investments | 82,928 | 72,293 | 174,814 | 183,188 |
| Income taxes | (16,527) | (18,264) | (55,198) | (48,496) |
| Income from equity method investments | 832 | 1,310 | 2,726 | 2,955 |
| Net income including non-controlling interest | 67,233 | 55,339 | 122,342 | 137,647 |
| Net (income) loss attributable to non-controlling interest | (73) | 22 | (106) | (32) |
| Net income attributable to H.B. Fuller | $67,160 | $55,361 | $122,236 | $137,615 |
| Earnings per share attributable to H.B. Fuller common stockholders: | ||||
| Basic | $1.23 | $1.01 | $2.24 | $2.51 |
| Diluted | $1.22 | $0.98 | $2.21 | $2.43 |
| Weighted-average common shares outstanding: | ||||
| Basic | 54,428 | 54,975 | 54,623 | 54,874 |
| Diluted | 55,162 | 56,650 | 55,381 | 56,620 |
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