secwatch.observer — SEC 8-K summary
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Issuer:     HEICO CORP (HEI)
CIK:        0000046619
Form:       8-K
Filed at:   2023-12-18T23:59:59+00:00
Accession:  0000046619-23-000159
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HEICO reports record FY2023 net sales up 34% to $2.97B, EPS $2.91 (+15%)
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- Q4 net sales $936.4M (+54% YoY); operating income $189.4M (+29%); diluted EPS $0.74 (+6%).
- Full-year diluted EPS $2.91 (+15% YoY); net income $403.6M; acquisition costs reduced EPS by $0.15.
- Flight Support Group net sales $1,770.2M (+41% YoY); Electronic Technologies net sales $1,225.2M (+26% YoY).
- Declared semi-annual dividend of $0.10/share; 91st consecutive since 1979.
- Fiscal 2024 outlook: net sales growth expected in both segments; Wencor integration ongoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46619/000004661923000159/0000046619-23-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46619/000004661923000159/hei-20231218.htm
  HTML page:      https://secwatch.observer/filing/0000046619-23-000159

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