{"filings":[{"id":94964,"accession_number":"0001628280-26-029104","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2026-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Industrial Q1 revenue flat at $851M, core down 2.9%; guidance reiterated","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $851.1M (+0.4% YoY); core revenue declined 2.9%.","Net income attributable $59.7M ($0.23 diluted EPS); adjusted EPS $0.35.","Adjusted EBITDA $177.4M (20.8% margin); Power Transmission 21.0%, Fluid Power 20.6%.","FY2026 guidance maintained: core growth 1-4%, Adj EBITDA $775-835M, Adj EPS $1.52-$1.68.","CEO cites solid order rates, book-to-bill above 1, new ERP system in Europe."],"consensus_eps_estimate":null,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":851100000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107708,"accession_number":"0001628280-26-007483","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Industrial Q4 net sales up 3.2% to $856.2M; introduces 2026 guidance EPS $1.52-$1.68","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $856.2M (+3.2% YoY), core sales growth 0.6%; adjusted EPS $0.38.","Full-year 2025 net sales $3,443.2M (+1.0%); adjusted EPS $1.52.","Q4 share repurchases ~$105M; full-year operating cash flow $478.1M.","Guides 2026: core sales growth 1%-4%, adjusted EBITDA $775M-$835M, adjusted EPS $1.52-$1.68."],"consensus_eps_estimate":null,"consensus_eps_actual":0.96,"consensus_revenue_estimate":null,"consensus_revenue_actual":3443200000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124076,"accession_number":"0001628280-25-046922","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Industrial Q3 net sales $855.7M (+3% YoY); adj. EPS $0.39; raises FY guidance; $300M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $855.7M (+3.0% YoY), core sales +1.7%. Net income $81.6M ($0.31 diluted EPS); adjusted EPS $0.39.","Adjusted EBITDA $195.8M (22.9% margin, +90 bps YoY). Net income margin 10.4% (+370 bps).","Power Transmission sales $533.3M (+3.9%), Fluid Power $322.4M (+1.6%). Both segments expanded margins.","Raising 2025 adjusted EPS guidance to $1.48–$1.52; new $300M share repurchase authorization through Dec 2026.","Paid down $100M gross debt in Q3; balance sheet continues to improve."],"consensus_eps_estimate":null,"consensus_eps_actual":0.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":2587000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140747,"accession_number":"0001718512-25-000048","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Industrial Q2 net sales $883.7M (-0.2% YoY); raises FY2025 adjusted EBITDA and EPS guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS $0.22; adjusted EPS $0.39; adjusted EBITDA $199.2M (22.5% margin).","Power Transmission segment net sales +1.5% YoY, Fluid Power -2.9%; replacement channels positive.","Raises FY2025 guidance: core sales +0.5% to +2.5%, adjusted EBITDA $765-795M, adjusted EPS $1.44-$1.52.","CEO cites Mobility double-digit growth and first Agriculture growth since Q4 2022.","Free cash flow conversion expected >90%; capex ~$120M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.45,"consensus_revenue_estimate":null,"consensus_revenue_actual":1731300000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158486,"accession_number":"0001718512-25-000040","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2025-06-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Gates Industrial shareholders approve all 10 resolutions at 2025 AGM","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected; votes ranged from 232M to 244M for each.","Say-on-pay approved: 240,315,602 for, 4,058,751 against.","Advisory vote on compensation frequency set to every 1 year (233M votes).","Ratification of Deloitte & Touche as FY2026 auditor: 245,422,404 for, 1,953,401 against.","Special resolution to allot equity without pre-emptive rights passed with 236M votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158485,"accession_number":"0001718512-25-000028","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Q1 net sales $847.6M (-1.7%), adjusted EPS $0.36; reaffirms 2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $62.0M ($0.24 diluted EPS); adjusted diluted EPS $0.36.","Adjusted EBITDA $187.3M (22.1% margin); core revenue grew 1.4%.","Power Transmission segment net sales $527.2M (-1.1% reported, +2.1% core); Fluid Power $320.4M (-2.9%, +0.1% core).","Full-year 2025 guidance reaffirmed: core sales growth (-0.5% to +3.5%), adjusted EBITDA $735-795M, adjusted EPS $1.36-1.52.","CEO cited strong Auto Replacement and Personal Mobility volumes; margin improved YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":847600000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176860,"accession_number":"0001718512-25-000019","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Gates Industrial appoints Joseph S. Cantie as independent director effective March 30, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointment effective March 30, 2025; Cantie to stand for election at 2025 Annual General Meeting.","Board determined Cantie qualifies as independent under NYSE standards; no committee assignment at this time.","Standard director compensation: $245,000/year ($100K cash retainer + $145K in RSUs) plus expense reimbursement.","RSUs vest in full on first anniversary of grant date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176859,"accession_number":"0001718512-25-000009","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Industrial Q4 net sales $829.4M (-3.9% YoY); adj. EBITDA margin 21.8%; introduces 2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 diluted EPS $0.14 (GAAP), adjusted EPS $0.36; prior year $0.24 and $0.37 respectively.","Full-year net sales $3,408.2M (-4.5% YoY); adj. EBITDA $761.1M, margin 22.3% (+140 bps). ","FY2025 guidance: core sales growth -0.5% to +3.5%; adj. EBITDA $735-795M; adj. EPS $1.36-1.52.","Power Transmission Q4 sales -2.4% (core -0.9%), EBITDA $112.9M; Fluid Power Q4 sales -6.4% (core -5.3%), EBITDA $67.9M.","Generated $379.6M operating cash flow in FY24; repurchased $175M stock; total debt $2.4B, cash $682M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.74,"consensus_revenue_estimate":null,"consensus_revenue_actual":3408200000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193665,"accession_number":"0001718512-24-000091","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-12-23T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Seth A. Meisel resigns from Gates Industrial board effective Dec 31, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Seth A. Meisel notified Gates Industrial of his resignation from the Board of Directors, effective December 31, 2024.","Resignation is not due to any disagreement with the Company regarding operations, policies, or practices.","No replacement named; board composition changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193664,"accession_number":"0001718512-24-000080","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Industrial Q3 sales down 4.8% to $830.7M; adjusted EPS guidance raised","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted GAAP EPS $0.18 vs $0.29 YoY; adjusted EPS $0.33 vs $0.36.","Adjusted EBITDA margin 22.0%, up 30 bps YoY, driven by enterprise initiatives and mix.","Power Transmission net sales $513.4M (-4.3%); Fluid Power $317.3M (-5.7%).","Full-year adjusted EPS guidance raised to $1.33-$1.37 from $1.29-$1.35; EBITDA midpoint unchanged.","YTD operating cash flow $188.7M vs $291.7M; total debt $2.4B, cash $574.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":2578800000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209975,"accession_number":"0001718512-24-000073","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-08-20T23:59:59+00:00","items":["5.02","8.01"],"status":"ready","headline":"Gates Industrial announces $125M share repurchase as Blackstone sells 23M shares in secondary offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Secondary offering of 20M shares priced after Aug 15 close; underwriters' 3M option exercised in full; expected close Aug 21.","Company to repurchase $125M of shares (7,539,203 shares) from the offering via Citigroup, conditioned on closing.","Director agreed to purchase ordinary shares in the offering.","Thomas Pitstick appointed President Americas effective Aug 16; no compensation change."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209974,"accession_number":"0001718512-24-000062","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Industrial Q2 net sales down 5.4% to $885.5M; cuts full-year guidance; announces $250M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $885.5M (-5.4% YoY); core sales decline 4.0%; net income $70.7M ($0.26 diluted EPS).","Adjusted EPS $0.36 vs $0.34 YoY; Adjusted EBITDA margin 22.8%, up 170 bps YoY.","Power Transmission net sales $541.9M (-5.6% YoY); segment Adjusted EBITDA margin 22.8% (+210 bps).","Fluid Power net sales $343.6M (-5.2% YoY); segment Adjusted EBITDA margin 22.8% (+120 bps).","Updated FY2024 guidance: core sales growth (4%) to (2%); Adjusted EBITDA $740-770M; new $250M buyback authorized."],"consensus_eps_estimate":null,"consensus_eps_actual":0.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":1748100000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228179,"accession_number":"0001718512-24-000054","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Gates Industrial shareholders elect all nine directors and approve all proposals at 2024 AGM","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Fredrick Eliasson received 228,051,335 for and 11,394,602 against; each other nominee received over 234M for.","Advisory say-on-pay approved: 234,414,229 for, 5,010,786 against, 110,136 abstain.","Ratification of Deloitte & Touche LLP as FY2024 auditor: 243,777,025 for, 715,161 against.","Directors' remuneration report (UK) approved: 235,469,948 for, 3,956,799 against.","Board authorized to allot equity securities: 238,350,723 for, 1,106,001 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228178,"accession_number":"0001718512-24-000051","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Gates appoints John Patouhas as SVP & Chief Accounting Officer, effective June 17, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Patouhas will serve as principal accounting officer; Brooks Mallard remains EVP/CFO.","Annual base salary of $440,000; target bonus of 55% of base; LTI target of 70%.","One-time grant of 10,000 restricted stock units on effective date.","Patouhas previously served as VP & CAO at Tenneco from 2015 to May 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228177,"accession_number":"0001104659-24-068270","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Gates Industrial issues $500M 6.875% notes due 2029, upsizes revolver, refinances 2026 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issuer sold $500M of 6.875% Senior Notes due July 1, 2029, at par on June 4, 2024.","Net proceeds used to redeem all $568M of 6.250% Senior Notes due 2026.","Credit Agreement Amendment No. 9 upsized revolver by $250M to $500M and added $1.3B Initial B-5 Dollar Term Loans.","New term loans bear interest at Term SOFR + 2.25%; revolver matures June 2029 (or April 2029 if notes outstanding).","Amendment also refinanced existing B-3 term loans and revised applicable rates for B-4 term loans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228176,"accession_number":"0001718512-24-000045","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Gates prices $500M 6.875% senior notes due 2029 to refinance 2026 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$500M aggregate principal of 6.875% Senior Notes due 2029 priced at 100% of par; interest payable semi-annually Jan 1/Jul 1.","Net proceeds, plus new term loans and cash, will redeem all $568M of outstanding 6.250% Senior Notes due 2026.","Closing expected June 4, 2024, subject to customary conditions. Notes guaranteed by parent and certain subsidiaries.","Notes offered privately to QIBs under Rule 144A and to non-U.S. persons under Reg S; not registered under Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228175,"accession_number":"0001718512-24-000041","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Blackstone-affiliated holders price secondary offering of 17.5M Gates shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Selling stockholders (Blackstone affiliates) priced 17,500,000 ordinary shares at an undisclosed price.","Underwriters exercised in full a 30-day option for an additional 2,625,000 shares.","Offering expected to close on May 21, 2024, subject to customary conditions.","Company will not receive any proceeds from the sale but will bear certain expenses.","All shares sold by selling stockholders; no new shares issued by Gates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228174,"accession_number":"0001718512-24-000031","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Gates Industrial Q1 adjusted EBITDA margin expands to 22.7%; raises full-year EBITDA guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $862.6M (-3.9% YoY); core revenue declined 3.6% with Replacement flat and First Fit down double-digits.","Adjusted EBITDA $195.6M (22.7% margin), up 330 bps from 19.4% YoY; driven by enterprise initiatives and pricing.","Adjusted EPS $0.31 (GAAP $0.15); higher tax rate reduced EPS by ~$0.03 vs prior year.","Raised FY 2024 Adjusted EBITDA guidance to $745-805M (from $725-785M); core revenue and EPS guidance unchanged.","Repaid $100M term loans, repurchased ~$50M shares; $522M cash and $2.4B debt; $50M remaining buyback authorization."],"consensus_eps_estimate":null,"consensus_eps_actual":0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":862600000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6443364697.393231,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246931,"accession_number":"0001104659-24-040187","cik":1718512,"company_name":"Gates Industrial Corp plc","ticker":"GTES","form_type":"8-K","filed_at":"2024-03-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Gates Industrial CAO David Wisniewski resigns; CFO Mallard to serve as principal accounting officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Wisniewski resigns as CAO, effective April 19, 2024, to pursue other opportunities.","CFO L. 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