---
schema_version: "secwatch.filing_event.v1"
accession: "0000746598-22-000146"
form_type: "8-K"
ticker: "BRC"
cik: "0000746598"
company_name: "BRADY CORP"
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T17:01:29.929465+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Brady Q1 FY2023 EPS $0.79 (+17.9%); organic sales up 6.9%

## Summary
- Sales $322.6M, up 0.3% total; organic +6.9%, FX -6.6%.
- GAAP diluted EPS $0.79 (vs $0.67); adjusted EPS $0.84 (vs $0.72).
- Identification Solutions organic sales +8.6%; Workplace Safety segment profit +175%.
- Returned $23.4M to shareholders ($11.4M dividends, $12.1M buybacks).
- FY2023 guidance unchanged: GAAP EPS $3.13-$3.43; adjusted EPS $3.30-$3.60.

## SEC filing metadata
- accession: 0000746598-22-000146
- form_type: 8-K
- ticker: BRC
- cik: 0000746598
- company_name: BRADY CORP
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746598/000074659822000146/0000746598-22-000146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746598/000074659822000146/brc-20221116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000746598-22-000146
- JSON: https://secwatch.observer/filing/0000746598-22-000146.json
- Plain text: https://secwatch.observer/filing/0000746598-22-000146.txt

## Key facts
- Earnings Releases
  BRADY CORP reported its fiscal 2023 first quarter ended October 31, 2022 results: revenue $322.6 million, net income $39.4 million, EPS $0.79. Guidance reaffirmed.
  - Period: its fiscal 2023 first quarter ended October 31, 2022
  - Revenue: $322.6 million
  - Net income: $39.4 million
  - EPS: $0.79
  - Guidance: reaffirmed
  - Result: reported results
  source text: Sales for the quarter ended October 31, 2022 were $322.6 million compared to $321.5 million in the same quarter last year. By segment, sales increased 3.1 percent in Identification Solutions and decreased 9.1 percent in Workplace Safety, which consisted of an organic sales increase of 8.6 percent in Identification Solutions and an organic sales increase of 1.2 percent in Workplace Safety. Income before income taxes increased 12.6 percent to $50.3 million for the quarter ended October 31, 2022, compared to $44.7 million in the same quarter last year. Income Before Income Taxes Excluding Certain Items* for the quarter ended October 31, 2022, which was adjusted for amortization expense of $3.6 million, was $54.0 million, an increase of 11.3 percent compared to the first quarter of last year. Net income for the quarter ended October 31, 2022 was $39.4 million compared to $35.0 million in the same quarter last year. Earnings per diluted Class A Nonvoting Common Share were $0.79 in the first
  evidence_url: https://www.sec.gov/Archives/edgar/data/746598/000074659822000146/0000746598-22-000146-index.htm
- Shareholder Votes
  BRADY CORP shareholders approved Election of Directors (unanimous vote for all nominees) at the 2022-11-16 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-11-16
  source text: On November 16, 2022, at the Company's Annual Shareholders' Meeting, the holders of all of the 3,538,628 shares of the Company's Class B Common Stock voted unanimously in favor of electing the following persons to serve as the Company's directors until the next annual meeting of shareholders and until their successors have been elected: Patrick W. Allender David S. Bem Elizabeth P. Bruno Joanne Collins Smee Nancy L. Gioia Vineet Nargolwala Bradley C. Richardson Russell R. Shaller Michelle E. Williams
  evidence_url: https://www.sec.gov/Archives/edgar/data/746598/000074659822000146/0000746598-22-000146-index.htm

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