secwatch.observer — SEC 8-K summary
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Issuer:     MOOG INC. (MOG-A)
CIK:        0000067887
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000067887-23-000054
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moog Q2 record sales $837M but adjusted EPS -5%, free cash flow -$101M; cuts FY cash flow guidance
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- Q2 net sales $837M (record, +9% YoY); diluted EPS $1.34, adjusted diluted EPS $1.42 (-5% YoY).
- Adjusted free cash flow use of $101M (vs -$24M year ago) driven by working capital and capex including building purchase.
- FY 2023 guidance: sales raised to $3.19B; adjusted EPS reaffirmed at $5.70; free cash flow cut to zero from $100M.
- Aircraft Controls sales up 11% led by commercial OEM (+56%) and aftermarket (+21%); military aftermarket down 18%.
- Board declared $0.27/share quarterly dividend (payable May 30); investor day scheduled for June 6 in NYC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67887/000006788723000054/0000067887-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67887/000006788723000054/mog-20230428.htm
  HTML page:      https://secwatch.observer/filing/0000067887-23-000054

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