earnings
confidence high
sentiment positive
materiality 0.75
Brady Corp Q1 sales up 16% to $321.5M, EPS $0.67, reaffirms FY22 guidance
BRADY CORP
- Sales $321.5M (+16.0% YoY); organic +7.0%, acquisitions +8.3%, currency +0.7%.
- Diluted EPS $0.67 (GAAP) vs $0.64; adjusted EPS $0.72 vs $0.66, up 9.1%.
- Identification Solutions sales +25.4% (organic +13.2%); Workplace Safety -7.8%.
- FY2022 guidance reaffirmed: adjusted EPS $3.12-$3.32, GAAP EPS $2.90-$3.10.
- Net cash $90.6M; returned $30.5M via dividends and buybacks in Q1.