RBC Bearings (RBC) is a public company. RBC Bearings is a well known international manufacturer and marketer of highly engineered precision plain, roller and ball bearings. While we manufacture products in all major bearing categories, our focus is primarily on highly technical or regulated bearing products for specialized markets that require sophisticated design, testing and manufacturing capabilities. Our unique expertise has enabled us to garner leading positions in many of the product markets in which we primarily compete.

RBC Bearings provides our global industrial, aerospace, and defense customers with unique design solutions to complex problems and an unparalleled level of service, quality, and support. Founded in 1919. It has 1,116 employees. Annual revenue is $1.9B. IPO 2005.

Transcript

Josh Carroll — Investor Relations Team Member

Good morning, thank you for joining us for RBC Bearings' fiscal first quarter 2027 earnings call. I'm Josh Carroll with the Investor Relations team. With me on today's call are Dr. Hartnett, Chairman, President, and Chief Executive Officer, Daniel Bergeron, Director, Vice President, and Chief Operating Officer, and Rob Sullivan, Vice President and Chief Financial Officer. As a reminder, some of the statements made today may be forward-looking under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected or implied due to a variety of factors. We refer you to RBC Bearings' recent filings with the SEC for a more detailed discussion of the risks that could impact the company's future operating results and financial condition. These factors are also listed in the press release, along with a reconciliation between GAAP and non-GAAP financial information. With all that said, I'll now turn the call over to Dr. Hartnett.

Michael Hartnett — Chairman, President, and CEO

Thank you, Josh. Good morning, thank you for joining us. I'll begin today's call with a brief review of our first quarter results and discuss the trends we are seeing across the end markets before turning the call over to Rob, who will provide additional details on our financial performance. We delivered a strong start to fiscal 2027, with first quarter net sales increasing 19.2% year-over-year to $519.5 million. This was driven by exceptional demand in our Aerospace & Defense business, followed by strong growth across our Industrial