While reporting financial results for the first quarter on Thursday, water management solutions firm Advanced Drainage Systems Inc. (WMS) confirmed its net sales guidance for the full-year 2026.
For fiscal 2025, the company continues to project net sales in a range of $2.825 billion to $2.975 billion.
On average, eight analysts polled expect the company to report revenues of $2.90 billion for the year.
Separately, the company's Board of Directors has approved a 13 percent higher quarterly cash dividend to its shareholders in the amount of $0.18 per share, payable on September 15, 2025, to shareholders of record at the close of business on August 29, 2025.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.