secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN ELECTRIC HOLDINGS INC (LECO)
CIK:        0000059527
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0000059527-23-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lincoln Electric reports record Q3 sales $1.03B, EPS $2.22; raises dividend 11%
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- Net sales record $1,033M (+10.5% YoY); organic +0.4%, acquisitions +8.8%, FX +1.2%.
- Record adjusted EPS $2.40 (up from $2.04 YoY); GAAP EPS $2.22.
- Record adjusted op margin 17.7% (up from 16.4%); operating cash flow $223M (+71%).
- Dividend increased 11% to $0.71/qrt ($2.84 annual), payable Jan 12, 2024, record Dec 31, 2023.
- CEO cites strong Oct order rates and high automation backlog for expected strong Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59527/000005952723000032/0000059527-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59527/000005952723000032/leco-20231027x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059527-23-000032

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