secwatch.observer — SEC 8-K summary
======================================

Issuer:     ROCKWELL AUTOMATION, INC (ROK)
CIK:        0001024478
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001024478-24-000050
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rockwell Automation cuts FY2024 guidance; CFO retires; Q2 sales down 6.6% YoY
-----------------------------------------------------------------------------

- Q2 sales $2,126M (down 6.6% YoY); organic sales down 8.1%; diluted EPS $2.31, adjusted EPS $2.50.
- FY2024 guidance slashed: reported sales growth (6.0)% to (4.0)% (prior 0.5%-6.5%); adjusted EPS $10.00-$11.00 (prior $12.00-$13.50).
- Segment operating margin fell to 19.0% from 21.3% a year ago on lower sales volume.
- CFO Nicholas Gangestad to retire; search for successor underway; he will serve until replacement appointed.
- Total ARR up 20% YoY; free cash flow $68.6M vs $156M in prior-year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024478/000102447824000050/0001024478-24-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024478/000102447824000050/rok-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001024478-24-000050

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