---
schema_version: "secwatch.filing_event.v1"
accession: "0000746598-24-000008"
form_type: "8-K"
ticker: "BRC"
cik: "0000746598"
company_name: "BRADY CORP"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:19:57.709425+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Brady Q2 EPS up 18.4% to $0.90; raises low end of FY2024 guidance

## Summary
- GAAP diluted EPS $0.90 (up 18.4% YoY); adjusted EPS $0.93 (up 14.8% YoY).
- Sales $322.6M, down 1.1% total but organic sales up 1.6%; gross margin expanded to 50.2% from 48.0%.
- Raised low end of FY2024 GAAP EPS guidance to $3.80-$3.95 (prev $3.70-$3.95); adjusted EPS guidance $3.95-$4.10.
- Operating cash flow $36.1M vs $29.4M last year; net cash position $95.8M after $60.8M capex incl. facility purchase.
- Europe & Australia sales grew 4.5% (organic +2.5%); Americas & Asia sales declined 3.8% (organic +1.2%).

## SEC filing metadata
- accession: 0000746598-24-000008
- form_type: 8-K
- ticker: BRC
- cik: 0000746598
- company_name: BRADY CORP
- filed_at: 2024-02-22T23:59:59+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/746598/000074659824000008/0000746598-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746598/000074659824000008/brc-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000746598-24-000008
- JSON: https://secwatch.observer/filing/0000746598-24-000008.json
- Plain text: https://secwatch.observer/filing/0000746598-24-000008.txt

## Key facts
- Earnings Releases
  BRADY CORP reported six-month period ended January 31, 2024 results: revenue $654.6 million, net income $90.9 million, EPS $1.86. Guidance raised.
  - Period: six-month period ended January 31, 2024
  - Revenue: $654.6 million
  - Net income: $90.9 million
  - EPS: $1.86
  - Guidance: raised
  - Result: reported results
  source text: Sales for the six months ended January 31, 2024 were $654.6 million compared to $648.8 million in the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/746598/000074659824000008/0000746598-24-000008-index.htm
- Earnings Releases
  BRADY CORP reported its fiscal 2024 second quarter ended January 31, 2024 results: revenue $322.6 million, net income $43.6 million, EPS $0.90. Guidance raised.
  - Period: its fiscal 2024 second quarter ended January 31, 2024
  - Revenue: $322.6 million
  - Net income: $43.6 million
  - EPS: $0.90
  - Guidance: raised
  - Result: reported results
  source text: of 1.6 percent, an increase of 0.8 percent from foreign currency translation, and a decrease of 3.5 percent from divestitures. Sales for the quarter ended January 31, 2024 were $322.6 million compared to $326.2 million in the same quarter last year. By region, sales decreased 3.8 percent in the Americas & Asia and sales increased 4.5 percent in Europe & Australia,
  evidence_url: https://www.sec.gov/Archives/edgar/data/746598/000074659824000008/0000746598-24-000008-index.htm

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