Kadant

KAI

Capitalización de mercado USD 3119 M

Kadant operates a razor-and-blades business model, selling capital equipment and recurring aftermarket parts. The company's diverse product lineup is unified by its focus on industrial equipment and consumables. KAI's recurring revenue from aftermarket parts supports margins above 20% and long-term growth potential.

WESTFORD, Mass., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced that Michael C. Colwell will be appointed president and chief operating officer effective October 1, 2026 and president, chief executive officer and a director effective January 2, 2027, as part of a succession plan adopted by the board of directors. As part of the succession plan, Jeffrey L. Powell will continue to serve as president through September 30, 2026, and chief executive officer through January 2, 2027, at which time he will become executive chairman of the board of directors. Jonathan W. Painter, the Company's current chairman of the board of directors, will cease to serve as a director and the chairman of the board of directors on January 2, 2027.

WESTFORD, Mass., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.36 per share to be paid on November 12, 2026 to stockholders of record as of the close of business on October 15, 2026. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.

WESTFORD, Mass., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has been named to Newsweek's list of America's Greatest Companies 2026, recognizing organizations that excel in financial performance, workplace culture, innovation, and sustainability.

Kadant NYSE: KAI reported record second-quarter revenue, adjusted earnings and EBITDA for 2026, supported by acquisitions, organic growth and continued demand for aftermarket parts and services even as customers delayed some large capital-equipment commitments.

Kadant Inc. (KAI) Q2 2026 Earnings Call Transcript

Kadant (KAI) came out with quarterly earnings of $3.42 per share, beating the Zacks Consensus Estimate of $2.94 per share. This compares to earnings of $2.31 per share a year ago.

WESTFORD, Mass., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 4, 2026.

WESTFORD, Mass., July 30, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2026 second quarter results after the market closes on Tuesday, August 4, 2026 and will hold a webcast the next day, Wednesday, August 5, 2026 at 11:00 a.m.

Blanchard sold 1,400 shares. The transaction represented 71.54% of his direct holdings.