---
schema_version: "secwatch.filing_event.v1"
accession: "0000746598-23-000034"
form_type: "8-K"
ticker: "BRC"
cik: "0000746598"
company_name: "BRADY CORP"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:46:12.471126+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Brady Corp Q3 fiscal 2023 EPS record $0.96, raises low end of adjusted EPS guidance

## Summary
- Diluted EPS $0.96 (record), +23.1% YoY; adjusted EPS $0.95, +10.5% YoY.
- Sales $337.1M, -0.4% overall; organic sales +1.9% with Americas & Asia +1.2% and Europe & Australia +3.4% organic.
- Operating cash flow $72.5M, +77.2% YoY; net cash position $84.2M at April 30.
- GAAP EPS guidance raised to $3.32-$3.47; non-GAAP EPS guidance low end raised to $3.45-$3.60.
- Company reorganized into two segments: Americas & Asia and Europe & Australia.

## SEC filing metadata
- accession: 0000746598-23-000034
- form_type: 8-K
- ticker: BRC
- cik: 0000746598
- company_name: BRADY CORP
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746598/000074659823000034/0000746598-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746598/000074659823000034/brc-20230518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000746598-23-000034
- JSON: https://secwatch.observer/filing/0000746598-23-000034.json
- Plain text: https://secwatch.observer/filing/0000746598-23-000034.txt

## Key facts
- Earnings Releases
  BRADY CORP reported fiscal 2023 third quarter ended April 30, 2023 results: revenue $337.1 million, net income $48.1 million, EPS $0.96. Guidance raised.
  - Period: fiscal 2023 third quarter ended April 30, 2023
  - Revenue: $337.1 million
  - Net income: $48.1 million
  - EPS: $0.96
  - Guidance: raised
  - Result: reported results
  source text: of 2.1 percent from foreign currency translation and a decrease of 0.2 percent from the divestiture of the PremiSys business. Sales for the quarter ended April 30, 2023 were $337.1 million compared to $338.6 million in the same quarter last year. By region, sales increased 0.1 percent in the Americas & Asia and decreased 1.4 percent in Europe & Australia, which
  evidence_url: https://www.sec.gov/Archives/edgar/data/746598/000074659823000034/0000746598-23-000034-index.htm

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