secwatch.observer — SEC 8-K summary
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Issuer:     BRADY CORP (BRC)
CIK:        0000746598
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0000746598-22-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brady Reports Record Non-GAAP EPS $0.86; Raises FY22 Non-GAAP Guidance to $3.08-$3.17
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- Sales $338.6M, up 14.6% (organic +9.0%); ID Solutions sales +21.1%.
- Record GAAP EPS $0.78, non-GAAP EPS $0.86 (+17.8% YoY).
- Board authorized $100M share buyback; Q3 repurchased $63.2M (1.4M shares).
- FY22 GAAP EPS guidance adjusted to $2.83-$2.92; non-GAAP raised to $3.08-$3.17.
- Gross margin improved to 48.4% from 47.0% sequentially; net cash $26.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746598/000074659822000042/0000746598-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746598/000074659822000042/brc-20220524.htm
  HTML page:      https://secwatch.observer/filing/0000746598-22-000042

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