secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN ELECTRIC HOLDINGS INC (LECO)
CIK:        0000059527
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0000059527-21-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lincoln Electric posts record Q3 sales of $806.5M; adjusted EPS up 41.8% to $1.56
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- Net sales increased 20.6% to a record $806.5M; organic sales grew 18.3%.
- Adjusted EPS of $1.56 vs. $1.10 a year ago; GAAP EPS of $0.53 includes $73.6M pension termination charge.
- Adjusted operating margin expanded 260 bps to 15.2%; ROIC rose 440 bps to 22.8%.
- Quarterly dividend raised 9.8% to $0.56/share, payable Jan 14, 2022 to holders of record Dec 31, 2021.
- Q4 estimated pre-tax pension settlement charges of $35M-$45M from annuity purchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59527/000005952721000032/0000059527-21-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59527/000005952721000032/leco-20211028x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059527-21-000032

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