secwatch.observer — SEC 8-K summary
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Issuer:     BRADY CORP (BRC)
CIK:        0000746598
Form:       8-K
Filed at:   2024-05-22T23:59:59+00:00
Accession:  0000746598-24-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brady posts record Q3 EPS of $1.05; raises FY2024 guidance
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- Q3 GAAP EPS $1.05 (record), +9.4% YoY; adjusted EPS $1.09, +14.7% YoY.
- Sales $343.4M, +1.9% YoY; organic sales growth 4.5% with 4.5% in Americas & Asia and 4.4% in Europe & Australia.
- Raised FY2024 GAAP EPS guidance to $3.93-$4.00 (from $3.80-$3.95); non-GAAP to $4.08-$4.15.
- Nine-month operating cash flow $171.1M, up from $129.9M in prior year.
- Returned $50.4M in share buybacks and $11.2M in dividends in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746598/000074659824000032/0000746598-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746598/000074659824000032/brc-20240522.htm
  HTML page:      https://secwatch.observer/filing/0000746598-24-000032

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