secwatch.observer — SEC 8-K summary
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Issuer:     BRADY CORP (BRC)
CIK:        0000746598
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0000746598-22-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brady Q2 sales +19.6% to $318M; adjusted EPS $0.70; FY guidance lowered to $3.00-$3.15
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- Q2 sales $318.1M (+19.6% YoY); organic sales +13.1%; Identification Solutions growth +26.1%.
- Diluted EPS $0.65 (+10.2% YoY); adjusted diluted EPS $0.70 (+14.8% YoY).
- FY 2022 adjusted EPS guidance lowered to $3.00-$3.15 (from $3.12-$3.32) due to inflation and FX headwinds.
- Returned $14.5M to shareholders in Q2 via dividends and buybacks; net cash $64.4M at quarter end.
- Workplace Safety segment returned to organic growth (+5.2%) one quarter ahead of expectations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746598/000074659822000012/0000746598-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746598/000074659822000012/brc-20220217.htm
  HTML page:      https://secwatch.observer/filing/0000746598-22-000012

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