secwatch.observer — SEC 8-K summary
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Issuer:     DONALDSON Co INC (DCI)
CIK:        0000029644
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0000029644-24-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Donaldson Q2 FY2024: record sales $876.7M (+5.8%), EPS $0.81 (+15.9%), raises FY guidance
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- GAAP EPS $0.81 vs $0.70 prior year; adjusted EPS up 8.0% to $0.81.
- Mobile Solutions sales +5.3% (Aftermarket +11.3%); Industrial +6.9% (A&D +12.4%); Life Sciences +6.0%.
- Raised FY2024 EPS guidance to $3.24-$3.32 (from $3.14-$3.30); operating margin forecast 15.0%-15.4%.
- Gross margin 35.2% (+90 bps); operating margin 14.8% (+80 bps); free cash flow conversion 95%-105%.
- Year-to-date paid $60.3M dividends and repurchased 1.2% of shares for $87.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29644/000002964424000024/0000029644-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29644/000002964424000024/dci-20240228.htm
  HTML page:      https://secwatch.observer/filing/0000029644-24-000024

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