secwatch.observer — SEC 8-K summary
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Issuer:     BRADY CORP (BRC)
CIK:        0000746598
Form:       8-K
Filed at:   2024-09-06T23:59:59+00:00
Accession:  0000746598-24-000064
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 Q4 FY2024 record EPS $1.15 (+15%); dividend up 2%; $100M buyback added; FY2025 EPS guide $4.15-$4.45
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- Q4 diluted EPS $1.15 (record), +15% YoY; adjusted EPS $1.19, +14.4%; net income $55.5M vs $49.4M.
- Q4 sales $343.4M (-0.7% total, organic +1.6%); gross margin 51.6% vs 50.8% prior year.
- Full-year FY2024 GAAP EPS $4.07 (+16% YoY); operating cash flow record $255.1M.
- Annual dividend raised to $0.96/share (+2.1%); additional $100M share repurchase authorized.
- FY2025 GAAP EPS guidance $4.15-$4.45; non-GAAP $4.40-$4.70; tax rate ~20%; capex ~$35M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746598/000074659824000064/0000746598-24-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746598/000074659824000064/brc-20240904.htm
  HTML page:      https://secwatch.observer/filing/0000746598-24-000064

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