---
schema_version: "secwatch.filing_event.v1"
accession: "0000055242-22-000043"
form_type: "8-K"
ticker: "KMT"
cik: "0000055242"
company_name: "KENNAMETAL INC"
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T22:04:46.596901+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kennametal Q1 FY2023 EPS $0.34 vs $0.43 YoY; sales $495M; guides FY adjusted EPS $1.30-$1.70

## Summary
- Sales $495M, up 2% YoY; organic growth 9% offset by 7% FX headwind.
- Operating income $49M (9.8% margin) vs $55M (11.3%) prior year, impacted by raw material costs and supply chain disruptions.
- Infrastructure segment sales $195M (+5%); Metal Cutting $300M (+1%).
- Quarterly dividend $0.20/share declared, payable Nov 22 to holders of record Nov 8.
- FY2023 adjusted EPS guidance $1.30-$1.70; Q2 sales $480-$500M, adj operating income at least $30M.

## SEC filing metadata
- accession: 0000055242-22-000043
- form_type: 8-K
- ticker: KMT
- cik: 0000055242
- company_name: KENNAMETAL INC
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55242/000005524222000043/0000055242-22-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55242/000005524222000043/kmt-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000055242-22-000043
- JSON: https://secwatch.observer/filing/0000055242-22-000043.json
- Plain text: https://secwatch.observer/filing/0000055242-22-000043.txt

## Key facts
- Earnings Releases
  KENNAMETAL INC reported fiscal 2023 first quarter ended September 30, 2022 results: revenue $495 million, EPS $0.34. Guidance initiated.
  - Period: fiscal 2023 first quarter ended September 30, 2022
  - Revenue: $495 million
  - EPS: $0.34
  - Guidance: initiated
  - Result: reported results
  source text: Sales of $495 million increased 2 percent year-over-year • 9 percent organic sales growth offset by negative 7 percent foreign currency effect • Strong pricing actions continued to cover inflationary pressures • Earnings per diluted share (EPS) of $0.34 • Returned approximately $36 million to shareholders; $19 million in share repurchases and $16 million in dividends
  evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524222000043/0000055242-22-000043-index.htm
- Shareholder Votes
  KENNAMETAL INC shareholders approved Election of nine directors to serve until next annual meeting in 2023. at the 2022-10-25 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-10-25
  source text: I. The nine directors listed below were elected to serve as directors until the next annual meeting of Shareowners in 2023 and until their successors are duly elected and qualified by the following vote: For Withheld Broker Non-Votes Joseph Alvarado 71,228,157 3,005,905 2,487,697 Cindy L. Davis 71,782,488 2,451,574 2,487,697 William J. Harvey 71,232,325 3,001,737 2,487,697 William M. Lambert 73,742,162 491,900 2,487,697 Lorraine M. Martin 73,754,082 479,980 2,487,697 Sagar A. Patel 73,635,473 598,589 2,487,697 Christopher Rossi 73,282,879 951,183 2,487,697 Lawrence W. Stranghoener 71,665,608 2,568,454 2,487,697 Steven H. Wunning 71,265,466 2,968,596 2,487,697
  evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524222000043/0000055242-22-000043-index.htm
- Shareholder Votes
  KENNAMETAL INC shareholders approved Advisory vote on executive compensation paid to named executive officers. at the 2022-10-25 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2022-10-25
  source text: III. The advisory vote on executive compensation paid to the Company's named executive officers, as disclosed in the Company's proxy statement, was approved on an advisory basis by the following vote: For Against Abstained Broker Non-Votes Executive compensation 73,324,848 767,425 141,789 2,487,697
  evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524222000043/0000055242-22-000043-index.htm
- Shareholder Votes
  KENNAMETAL INC shareholders approved Ratification of selection of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending June 30, 2023. at the 2022-10-25 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-10-25
  source text: II. The ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2023 was approved by the following vote: For Against Abstained PricewaterhouseCoopers LLP 75,609,942 1,013,758 98,059
  evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524222000043/0000055242-22-000043-index.htm

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