Alliance Laundry Holdings Inc.

Alliance Laundry reported second-quarter revenue up 7%, adjusted EBITDA up 12%, and adjusted net income up about 55%, while raising its full-year adjusted EBITDA growth guidance to 8% to 10%. The company maintained its 2026 revenue growth forecast of 6% to 7%, with pricing and volume expected to contribute equally. North America led growth with revenue up 9% and adjusted EBITDA up 17%, while international results were mixed, with strong Asia-Pacific growth offset by weakness in the Middle East and Africa due to conflict and energy costs. Alliance Laundry repaid $50 million of debt in the quarter and $825 million over the past year, reducing net leverage to 2.4 times adjusted EBITDA from 4.6 times a year earlier. The company also said Moody's and S&P upgraded its corporate and senior debt ratings, reducing borrowing costs on its term loan by 25 basis points going forward.

Zacks Investment Research added five stocks to its Zacks Rank #1 (Strong Buy) List today. Powell Industries saw its current-year earnings consensus estimate rise 39.1% over the last 60 days. Delek US Holdings' estimate increased 44%, Alliance Laundry Holdings' rose 10.3%, Cenovus Energy's climbed 38.2%, and Legacy Housing Corporation's estimate grew 11.5% over the same period.