IFF reports Q3 sales growth and raises low end of 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
IFF reported third-quarter 2026 sales of $1.94 billion, up 4% from a year earlier, with adjusted operating EBITDA of $403 million and adjusted EPS excluding amortization of $0.83; GAAP continuing-operations EPS was a loss of $0.50. The company raised its 2026 sales guidance to $7.5 billion-$7.6 billion from $7.4 billion-$7.6 billion and adjusted operating EBITDA guidance to $1.55 billion-$1.60 billion from $1.53 billion-$1.60 billion. IFF also said it completed a $500 million accelerated share repurchase program and expects its Food Ingredients divestiture to close by the end of the second quarter of 2027.