Daktronics reported record fiscal 2026 sales of $839 million, up 11%, and its board authorized a $40 million share repurchase. Its fiscal Q1 2027 backlog was $311 million, while investigations continued into alleged salary-cap circumvention schemes involving sponsorship deals.
The Motley Fool's proprietary Hidden Gems system rated Daktronics 73 out of 100, placing it in its “Above Average” category. Management said the $311 million backlog did not include “a few substantial orders” closed shortly after the quarter ended.
Fiscal 2026 gross margin reached 28% after manufacturing-footprint optimization and value-based pricing, and the company reported $132 million in cash. The article also identifies lumpy project demand and pricing pressure from lower-cost global manufacturers as risks.
