FLEX LTD. 8K

Flex Inc. reported strong first quarter fiscal 2027 results, raised its full-year guidance, and reiterated plans for a future spin-off of its Cloud and Power Infrastructure segment, while scheduling an Investor Day for November 10, 2026.

On July 29, 2026, Flex Inc. reported its unaudited financial results for the first quarter of fiscal 2027 ended June 26, 2026, announcing net sales of $7.9 billion (up 21% year-over-year), GAAP operating margin of 4.9%, adjusted operating margin of 6.7%, GAAP EPS of $0.76, and record adjusted EPS of $1.00, along with free cash flow of $41 million. The company provided guidance for the second quarter of fiscal 2027, projecting net sales of $7.95–$8.25 billion, adjusted operating income of $535–$565 million, and adjusted EPS of $1.00–$1.07, and it raised its full fiscal 2027 outlook to net sales of $33.7–$35.2 billion, adjusted operating margin of 7.0–7.2%, and adjusted EPS of $4.42–$4.74, explicitly noting that this full-year guidance does not yet reflect the planned spin-off of its Cloud and Power Infrastructure segment. The release also highlighted Flex’s strategic positioning in AI infrastructure, referenced a separate press release regarding risks around the planned spin-off, and announced an Investor Day scheduled for November 10, 2026, alongside a same-day earnings webcast and conference call.

Filing Facts

CIK

866374

Ticker

-

Form

8K

Source Type

sec

Accession

0000866374-26-000026

Alert Tier

7