Alamo Group Inc. Reports Q3 2026 Financial Results and Acquisition of Econ

Alamo Group reported Q3 2026 sales of $403.1 million, down 4.0% from $420.0 million a year earlier, and net income of $2.0 million versus $25.4 million. Results included $33.3 million in pre-tax divestiture charges; adjusted EPS fell to $2.06 from $2.34. The company acquired Econ effective October 27, 2026, financing the deal with revolving-credit borrowings. Backlog declined to $521.3 million from $618.3 million year over year.