secwatch.observer — SEC 8-K summary
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Issuer:     KENNAMETAL INC (KMT)
CIK:        0000055242
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0000055242-23-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kennametal Q2 FY23 EPS $0.27 vs $0.37; sales $497M, +2% YoY with 11% organic growth
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- GAAP EPS $0.27, down from $0.37; no adjusted EPS reported for current quarter (prior year adj. EPS $0.35).
- Operating income $35M (7.1% margin) vs $48M (9.8%) prior year; raw material costs $23M headwind.
- Metal Cutting sales flat at $299M, operating margin 8.8%; Infrastructure sales +5% to $198M, margin 5.1%.
- FY23 outlook: adj. EPS $1.30-$1.70, sales $2.05-$2.1B; Q3 sales expected $520-$540M.
- Dividend $0.20/share declared payable Feb 28, 2023; $11M in share repurchases during quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55242/000005524223000009/0000055242-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55242/000005524223000009/kmt-20230206.htm
  HTML page:      https://secwatch.observer/filing/0000055242-23-000009

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