---
schema_version: "secwatch.filing_event.v1"
accession: "0000109563-22-000041"
form_type: "8-K"
ticker: "AIT"
cik: "0000109563"
company_name: "APPLIED INDUSTRIAL TECHNOLOGIES INC"
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:06:28.289115+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Applied Industrial Q3 net sales $980.7M (+16.6% YoY); EPS $1.75; raises FY2022 guidance

## Summary
- Net sales $980.7M (+16.6% YoY); organic daily sales +14.7%.
- Net income $68.3M ($1.75 EPS); EBITDA $108.6M; LIFO expense $7.4M.
- Raised FY2022 guidance: EPS $6.15-$6.25 (prior $5.70-$5.90); sales growth 14.8%-15.3%.
- Declared quarterly dividend $0.34/share, payable May 31, 2022 to holders of record May 16.
- Repurchased 35,000 shares for $3.5M in Q3; $318,000 shares remain authorized.

## SEC filing metadata
- accession: 0000109563-22-000041
- form_type: 8-K
- ticker: AIT
- cik: 0000109563
- company_name: APPLIED INDUSTRIAL TECHNOLOGIES INC
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/109563/000010956322000041/0000109563-22-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/109563/000010956322000041/ait-20220428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000109563-22-000041
- JSON: https://secwatch.observer/filing/0000109563-22-000041.json
- Plain text: https://secwatch.observer/filing/0000109563-22-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.