World Kinect Corporation Reports Second Quarter 2026 Results

About this update from World Kinect Corporation

Delivers Record Gross Profit and Raises Fiscal Year 2026 Guidance MIAMI, July 23, 2026--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the second quarter of 2026. Second Quarter 2026 Highlights Reportable Segment Year-Over-Year Highlights Aviation Segment Land Segment Marine Segment "We delivered an exceptional quarter, reflecting solid execution by our team and the strength of our business during a period of significant market volatility," said Ira M. Birns, Chief Executive Officer. "Continued volatile market conditions associated with the conflict in the Middle East created meaningful opportunities across our business, once again demonstrating our ability to support customers through periods of disruption while delivering strong financial results." "Our second quarter results were very strong, driven by favorable market conditions and the benefits of our streamlined portfolio," said Mike Tejada, Executive Vice President and Chief Financial Officer. "This performance, together with our expectations for the balance of the year, enabled us to raise our full-year Adjusted EPS guidance for the second time this year, while returning capital to shareholders through a 15% dividend increase and additional share repurchases." 2026 Outlook For the full year 2026, the Company is increasing its Adjusted EPS1 guidance to a range of $3.20 to $3.40 per share, an increase of approximately 20% from the midpoint of its previous range of $2.65 to $2.85. Financial Summary (Unaudited - in millions, except per share data) Earnings Conference Call An investor conference call will be held today, July 23, 2026, at 5:00 PM Eastern Time to discuss our second quarter results. Participants can access the live webcast by visiting our website at ir.worldkinect.com. An on-demand replay of the webcast will be available shortly after the call. About the Company Headquartered in Miami, Florida, World Fuel is a leading global provider of aviation, marine and ground-based transportation fuels and complementary services. Through an integrated global supply and logistics network, it sources and distributes products and services to meet customer needs across more than 200 countries and territories throughout the world, including lower-carbon fuels to support customers' energy-transition objectives. In the United States, the Company also markets natur...

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