secwatch.observer — SEC 8-K summary
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Issuer:     CARLISLE COMPANIES INC (CSL)
CIK:        0000790051
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0000790051-23-000132
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carlisle Q2 revenue down 14% to $1.5B; adj. EPS $5.18 vs $6.00; to sell CFT for $520M
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- Q2 revenue $1.5B (-14% YoY); GAAP EPS $4.71, adj. EPS $5.18 (-13.7% YoY).
- CCM revenue $947.5M (-14.9%); CWT revenue $359.5M (-19.9%) but adj. EBITDA margin +390bps to 22.5%.
- CIT revenue $218.9M (+3%); adj. EBITDA margin +520bps to 17.9%; agreed to sell CFT for $520M.
- Six-month free cash flow $263.4M (up $120.9M); repurchased 900k shares for $200M in Q2.
- Leadership changes effective Aug 1: Kamienski to VP Finance CWT, Aldrich to CAO, Patel to IR; Giannakouros leaving.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790051/000079005123000132/0000790051-23-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790051/000079005123000132/csl-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000790051-23-000132

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