DENVER – October 30, 2026 -- Gates Industrial Corporation (NYSE: GTES) raised its full-year 2026 guidance after third-quarter net sales climbed 5.6% to $903.6 million, with core sales up 5.5%.

Adjusted EBITDA margin reaches 23.8% on $215.4 million

Adjusted EBITDA for the quarter ended September 26 came to $215.4 million. Net income from continuing operations was $91.6 million, a 10.1% margin. Net income attributable to shareholders was $86.5 million, or $0.34 per diluted share, while Adjusted Net Income per diluted share was $0.47.