Daktronics INC /SD/

Daktronics, Inc. has announced its executive compensation program for fiscal year 2027, linking annual incentives to operating income and revenue, and long-term incentives to multi-year performance goals.

Daktronics achieved record fiscal 2026 net sales of $838.7 million and record orders of $860.8 million, driven by strong operational execution and strategic growth initiatives.

Daktronics, Inc. has amended its consulting agreement with former executive Carla Gatzke, extending her term through August 2026 with reduced scope and fees.

Daktronics unveils a comprehensive three-year plan at its Investor Day, focusing on organic growth, operational excellence, and strategic capital deployment to drive revenue and profitability.

Daktronics reports strong fiscal Q3 2026 results with sales up 21.6% year-over-year and a 25.3% increase in product backlog to $342.3 million.

Daktronics, Inc. announced the appointment of Ramesh Jayaraman to its Board and as CEO, alongside the resignation of Reece A. Kurtenbach from the Board and an extension of his consulting agreement.

Daktronics reports a significant turnaround in Q3 fiscal 2026, achieving net income of $3.01 million and diluted EPS of $0.06, driven by robust sales growth and increased order backlog.

Daktronics, Inc. announced robust financial results for the second quarter and first six months of fiscal 2026, driven by increased sales, higher order bookings, and improved gross margins, alongside strategic initiatives and a new credit facility.

Daktronics reports a significant increase in net income and gross profit for the first quarter of fiscal 2026, driven by strategic pricing and operational efficiencies, alongside robust order backlog growth.

Daktronics' Q3 fiscal 2025 net sales decreased by 12.2% compared to the same period last year, driven by lower volumes in the Live Events segment, while the company progresses with its business transformation plan.

Daktronics' second quarter results show a slight increase in sales but a decrease in profitability, with the company focusing on strategic and digital transformation initiatives.

Daktronics reported a net loss for the first quarter of fiscal year 2025, impacted by a decrease in sales and a significant change in the fair value of a convertible note, despite an increase in order volume.

Daktronics achieved significant growth in fiscal 2026, reporting $838.7 million in net sales and a return to profitability with $45.4 million in net income.

Daktronics, Inc. reported a net loss of $10.1 million for fiscal year 2025, a significant decline from the prior year's profit, driven by lower sales volumes and increased operating expenses, despite a 5.6% increase in new orders.

Daktronics, Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K to correct an administrative error regarding its auditor's consent and to include updated certifications from its principal executive and financial officers.

Daktronics' fiscal year 2024 saw a significant turnaround with increased sales, improved gross margins, and a return to profitability, driven by a more stable supply chain and strong order fulfillment.

Bradley T Wiemann, Executive Vice President of Daktronics Inc /Sd/, sold 4,000 shares of common stock on July 17, 2026 for $19.22 per share.

Matthew John Kurtenbach, VP of Manufacturing of Daktronics Inc /Sd/, received 7,273 shares of common stock on July 14, 2026.

Brett David Wendler, VP of Design & Development of Daktronics Inc /Sd/, received 7,076 shares of common stock on July 14, 2026.

Ramesh Jayaraman, President and CEO of Daktronics Inc /Sd/, received 32,762 shares of common stock on July 14, 2026.

Sheila Mae Anderson, CDAO of Daktronics Inc /Sd/, received 6,978 shares of common stock on July 14, 2026.

Sheila Mae Anderson, Chief Administrative and Data Officer of Daktronics Inc., reported transactions involving the acquisition and sale of company stock.

Daktronics, Inc. has issued its proxy statement for the September 16, 2026 Annual Meeting of Stockholders, detailing proposals for director elections, executive compensation approval, and auditor ratification.

Daktronics, Inc. announced its Annual Meeting of Stockholders for September 3, 2025, where key proposals include director elections, executive compensation approval, auditor ratification, and a new stock incentive plan, amidst a significant drop in fiscal 2025 operating income and negative returns.

Daktronics issues a supplement to its proxy statement to correct a typographical error on the proxy card ahead of the special shareholder meeting on April 16, 2025.

Daktronics is seeking shareholder approval to reincorporate from South Dakota to Delaware, primarily to eliminate cumulative voting and modernize its corporate governance framework.

Daktronics defends its proposed reincorporation to Delaware and accuses Alta Fox Capital Management of prioritizing its own liquidity over the interests of all shareholders.

Daktronics, Inc. announces plans to change its state of incorporation from South Dakota to Delaware to improve its governance framework and shareholder rights, while maintaining its headquarters and operations in South Dakota.

Alta Fox Capital Management, LLC, through its affiliated funds, has increased its beneficial ownership of Daktronics Inc. common stock to approximately 6.0%, representing 2,886,799 shares.

Alta Fox Capital Management has filed an Amendment No. 5 to its Schedule 13D, reporting a reduction in its beneficial ownership of Daktronics, Inc. common stock to 7.7%.

Alta Fox Capital Management and Daktronics Inc. have amended their cooperation agreement, extending the deadline for the company's investor day to May 2, 2026.

Alta Fox Opportunities Fund, LP, a significant shareholder in Daktronics Inc., has filed an amended Schedule 13D revealing a sale of 1,000,000 shares, reducing its beneficial ownership to 9.9%.

Daktronics Inc. has entered into a cooperation agreement with its largest shareholder, Alta Fox Capital Management, resolving ongoing disputes, appointing a new independent director, and committing to governance enhancements.

Investment adviser EARNEST Partners, LLC has reported a 6.6% beneficial ownership stake in Daktronics, Inc. via a Schedule 13G filing.

The Vanguard Group has amended its Schedule 13G filing for Daktronics Inc., reporting zero beneficial ownership following an internal realignment.

Duquesne Family Office and Stanley Druckenmiller report zero beneficial ownership in Daktronics Inc., signaling a complete divestment.

The Vanguard Group has reported a passive beneficial ownership of 7.51% in Daktronics Inc, totaling 3,688,628 shares of common stock.

Progeny 3, Inc. and Jon Hemingway have disclosed a 5.4% passive ownership stake in Daktronics Inc., holding 2,650,037 shares of common stock.

The Vanguard Group has filed an amended Schedule 13G, disclosing a 4.73% beneficial ownership stake in Daktronics Inc. as of March 31, 2025.