secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN ELECTRIC HOLDINGS INC (LECO)
CIK:        0000059527
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000059527-24-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lincoln Electric Q3 sales down 4.8% to $984M; adj EPS $2.14 vs $2.40; dividend raised 5.6%
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- Net sales $983.8M, down 4.8% YoY; organic sales fell 7.7%, acquisition benefit 3.0%.
- GAAP EPS $1.77 vs $2.22 prior; adjusted EPS $2.14 vs $2.40 prior.
- Operating income margin 14.8% (adj 17.3%) vs 16.6% (adj 17.7%) a year ago.
- Quarterly dividend raised 5.6% to $0.75/share, payable Jan 15, 2025 to holders of record Dec 31, 2024.
- Operating cash flow $199M, 134% cash conversion; returned $91M via dividends and buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59527/000005952724000034/0000059527-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59527/000005952724000034/leco-20241031x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059527-24-000034

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