secwatch.observer — SEC 8-K summary
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Issuer:     DONALDSON Co INC (DCI)
CIK:        0000029644
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0000029644-23-000129
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Donaldson Q1 FY2024 EPS $0.75 (+6.8% YoY); sales flat at $846.3M; record FY2024 outlook reaffirmed
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- GAAP EPS $0.75, up 6.8% vs $0.70 last year; adjusted EPS flat at $0.75.
- Gross margin 35.6% (+170 bps YoY) on pricing, deflation, and mix.
- Industrial Solutions sales +7.2% (IFS +7.4%, AeroDef +5.9%); Mobile -2.7% (Off-Road -8.6%).
- FY2024 guidance confirmed: EPS $3.14-$3.30, sales +3-7%, operating margin 14.7-15.3%.
- Repurchased 0.7% of shares for $53.7M; paid $30.2M in dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29644/000002964423000129/0000029644-23-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29644/000002964423000129/dci-20231129.htm
  HTML page:      https://secwatch.observer/filing/0000029644-23-000129

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