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Wajax Corporation (WJX:CA) Q1 2026 Earnings Call Transcript
2026-05-06 · via All Articles on Seeking Alpha

Q1: 2026-05-04 Earnings Summary

EPS of $0.65 misses by $0.10

 | 

Revenue of

$502.10M

(-9.53% Y/Y)

misses by $28.88M

Wajax Corporation (WJX:CA) Q1 2026 Earnings Call May 5, 2026 2:00 PM EDT

Company Participants

Tania Casadinho - Chief Financial Officer
George McClean - President, CEO & Director

Conference Call Participants

Devin Dodge - BMO Capital Markets Equity Research
Patrick Sullivan - TD Cowen, Research Division
Maxim Sytchev - National Bank Financial, Inc., Research Division
Jonathan Goldman - Scotiabank Global Banking and Markets, Research Division

Presentation

Operator

Thank you for attending Wajax Corporation's 2026 First Quarter Financial Results Webcast. On today's webcast will be Mr. George McClean, President and Chief Executive Officer; Ms. Tania Casadinho, Chief Financial Officer. Please be advised that this webcast is being recorded. Please note that this webcast contains forward-looking statements. Actual future results may differ from expected results.

I will now turn the call over to Tania Casadinho.

Tania Casadinho
Chief Financial Officer

Thank you, operator. Good afternoon, and thank you for participating in our first quarter results call. This afternoon, we will be following a webcast, which includes a summary presentation of Wajax's Q1 2026 financial results. The presentation can be found on our website under Investor Relations, Events and Presentations. Again, I would like to draw your attention to our cautionary statement regarding forward-looking information on Slide 2 and the non-GAAP and other financial measures on Slide 3. Please turn to Slide 4.

And at this point, I'll turn the call over to George.

George McClean
President, CEO & Director

Thank you, Tania. To start, I'll provide highlights on our first quarter before turning it back to Tania for commentary on backlog, inventory and the balance sheet. This slide provides an overview of Wajax. The corporation has more than 167 years of Canadian operating history and operates across 105 branches with a team of approximately 2,900 employees. During the quarter, our heavy equipment categories and revenue sources made up approximately 55% of our total