---
schema_version: "secwatch.filing_event.v1"
accession: "0000008947-23-000156"
form_type: "8-K"
ticker: "AZZ"
cik: "0000008947"
company_name: "AZZ INC"
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T03:09:14.894554+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AZZ Q2 sales down 2% to $398.5M; EPS up 4.3%; reaffirms FY2024 guidance

## Summary
- Total sales $398.5M, down 2.0% YoY; Metal Coatings record $169.8M (+2.4%) and Precoat Metals $228.7M (-5.0%)
- Diluted EPS $0.97 (+4.3%); Adjusted EPS $1.27 (+5.0%); Net income $28.3M (+12.8%)
- Adjusted EBITDA $88.0M (22.1% of sales); Metal Coatings margin 30.4%, Precoat Metals 20.3%
- Reduced debt by $40M in quarter; net leverage 3.4x; reaffirms FY2024 debt reduction of $75-100M
- Recognized $5.75M litigation settlement charge related to Infrastructure Solutions segment

## SEC filing metadata
- accession: 0000008947-23-000156
- form_type: 8-K
- ticker: AZZ
- cik: 0000008947
- company_name: AZZ INC
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8947/000000894723000156/0000008947-23-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8947/000000894723000156/azz-20231010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008947-23-000156
- JSON: https://secwatch.observer/filing/0000008947-23-000156.json
- Plain text: https://secwatch.observer/filing/0000008947-23-000156.txt

## Key facts
- Earnings Releases
  AZZ INC reported second quarter ended August 31, 2023 results: revenue $398.5 million, net income Net Income of $28.3 million, EPS $0.97. Guidance reaffirmed.
  - Period: second quarter ended August 31, 2023
  - Revenue: $398.5 million
  - Net income: Net Income of $28.3 million
  - EPS: $0.97
  - Guidance: reaffirmed
  - Result: reported results
  source text: financial results for the second quarter ended August 31, 2023. Second Quarter Overview (results from continuing operations as compared to prior year (1) ): ◦ Total Sales $398.5 million, down 2.0% ▪ Metal Coatings record sales of $169.8 million up 2.4% ▪ Precoat Metals sales of $228.7 million, down 5.0% ◦ Diluted EPS of $0.97, up 4.3% versus prior year, Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/8947/000000894723000156/0000008947-23-000156-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.