McRae Q3 FY26 net earnings drop to $858,000; net revenues fall to $27.42 million

MCRAE INDUSTRIES INC

MCRAE INDUSTRIES INC

MCRAA

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  • McRae Industries posted Q3 fiscal 2026 net earnings of $858,000, down 72.85%, with diluted Class A EPS of $0.38.
  • Net revenues fell 11.18% to $27.42 million, while gross margin narrowed 6.5 percentage points to 25.2%.
  • Nine-month net earnings dropped 46.16% to $3.26 million, despite net revenues edging down 0.63% to $86.57 million.
  • Tariffs totaled $0.8 million in the quarter and $3 million year-to-date; the company is seeking refunds for current and prior periods.
  • Won a U.S. government DLA Troops Support contract for Airforce temperate weather boots, estimated at $15.44 million over a 36-month ordering period.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McRae Industries Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606151600PR_NEWS_USPR_____CL83791) on June 15, 2026, and is solely responsible for the information contained therein.