Lincoln Electric Holdings, Inc. (LECO) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Lincoln Electric 2026 Second Quarter Financial Results Conference call. This call is being recorded. It is now my pleasure to introduce your host, Amanda Butler, Vice President of Impressor Relations and Communications. Thank you. You may begin. Thank you, Mark, and good morning, everyone. Welcome to Lincoln Electric's second quarter 2026 conference call. We released our financial results earlier today, and you can find our release and this call's slide presentation at lincolnelectric.com in the investor relations section. Joining me on the call today is Steve Hedlund, our chairman and Chief Executive Officer, and Gabe Bruno, our Chief Financial Officer. Following our prepared remarks, we are happy to take your questions. But before we start our discussion, please note that certain statements made during this call may be forward-looking and actual results may differ materially from our expectations due to a number of risk factors and uncertainties which are provided in our press release as well as in our SEC filings on Forms 10-K and 10-Q. In addition, we discuss financial measures that do not conform to U.S. GAAP and a reconciliation of non-GAAP measures to the most comparable GAAP measure is found in the financial tables in our earnings release, which again is available in the investor relations section of our website at lincolnelectric.com. And with that, I will turn the call over to Steve Hedlund. Steve? Thank you, Amanda. Good morning, everyone. Turning to slide three, second quarter marked a solid inflection to volume growth in the business after nine quarters of compression, led by strength in the America's Welding segment. Volume leverage in an improved price-cost position generated record performance across sales, adjusted operat...