secwatch.observer — SEC 8-K summary
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Issuer:     HEICO CORP (HEI)
CIK:        0000046619
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0000046619-22-000064
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HEICO reports record Q4 and FY2022 net sales and operating income; raises dividend 11%
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- Q4 net sales $609.6M (+20% YoY); operating income $146.5M (+27%); diluted EPS $0.70 vs $0.62.
- Full year net sales $2,208.3M (+18%); operating income $496.8M (+26%); diluted EPS $2.55 vs $2.21.
- Flight Support Group Q4 net sales +33% to $346.0M, operating income +60% to $77.8M; nine straight quarters of growth.
- Board declared semi-annual dividend of $0.10/share (+11%), payable Jan 23, 2023 to holders of record Jan 5, 2023.
- Agreement to acquire ~95% of Exxelia International, expected to close in Q1 FY2023; company's largest-ever acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46619/000004661922000064/0000046619-22-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46619/000004661922000064/hei-20221219.htm
  HTML page:      https://secwatch.observer/filing/0000046619-22-000064

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