secwatch.observer — SEC 8-K summary
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Issuer:     MOOG INC. (MOG-A)
CIK:        0000067887
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0000067887-23-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moog Q1 net sales $760M (+5% YoY); adj. EPS $1.25 (+14%); dividend raised 4% to $0.27
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- Adjusted operating margin 10.4%, up 130 bps YoY; gain on sale of buildings contributed 100 bps.
- Industrial Systems sales up 17% ex-FX/divestitures; Aircraft Controls commercial aftermarket strong.
- Consolidated backlog $2.3B, +8% YoY; FY2023 adj. EPS guidance reaffirmed at $5.70.
- Free cash flow guidance lowered to $100M due to R&D amortization law change; Q1 FCF -$22M.
- Quarterly dividend increased 4% to $0.27/share, payable March 6, 2023 (record Feb 17).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67887/000006788723000012/0000067887-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67887/000006788723000012/mog-20230203.htm
  HTML page:      https://secwatch.observer/filing/0000067887-23-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer