Gates Industrial Raises 2026 EPS Guidance to $1.62-$1.70 on Record Sales

Gates Industrial, the precision components manufacturer, emerged from its second quarter of 2026 with record sales and the confidence to raise its full-year earnings guidance to $1.62–$1.70 per share — a signal that operational discipline and structural demand are converging in the company's favor. The rise of artificial intelligence infrastructure has quietly elevated the importance of the unglamorous machinery that keeps data centers alive, and Gates finds itself positioned at that intersection. In projecting adjusted EBITDA margins above 23.5% for the second half of the year, management is