earnings
confidence high
sentiment positive
materiality 0.70
Brady Corp Q1 sales $377.1M (+13.6%), adj. EPS $1.12 (+12% YoY); FY guidance reaffirmed
BRADY CORP
- Sales organic growth 3.6%; acquisitions (incl. Gravotech) contributed 9.9%; net cash $29.0M after $140.6M in deal spend.
- Adjusted income before taxes $68.6M (+11.0% YoY); GAAP net income $46.8M vs $47.2M, diluted EPS $0.97 flat.
- Americas & Asia sales +10.7% (organic +5.1%); Europe & Australia +19.3% (organic +0.7%).
- FY2025 adjusted EPS guidance unchanged $4.40-$4.70; GAAP EPS updated to $4.02-$4.32 on higher amortization.
- CEO cites R&D and sales force investments driving organic growth; new products planned for 2025.