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NYSE:MOD News

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MOD: Q1 FY2027 sales surged 28% YoY, but margins fell as Data Centers led growth

Q1 FY2027 saw a 28% YoY sales increase to $874.1 million, led by Data Centers and Commercial HVAC growth, though gross margin declined due to higher costs. Net earnings rose 44% to $74.3 million, aided by a significant tax benefit, while the company advanced its planned spin-off of Performance Tech…

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Weekly Recap: Q1 FY2027 results and Mahan named Commercial HVAC president

Modine Manufacturing Company (NYSE:MOD) will report Q1 FY2027 results for the quarter ended June 30, 2026 after market close July 29, followed by an earnings call July 30, as the company also named industry veteran Michael Mahan president of its new Commercial HVAC segment.Previous Week Recap…

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