Hyster-Yale (HY) Q2 FY26 earnings call

Hyster-Yale reported a Q2 FY26 marked by encouraging signs of a gradual market recovery, with strong bookings growth and improved operating cash flow. Strategic initiatives, including expanded value product offerings and modular platforms, are gaining traction, broadening market participation. However, profitability remains challenged by tariff costs and a lag between booking growth and shipment realization, pushing significant performance improvements to the latter half of the year.