secwatch.observer — SEC 8-K summary
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Issuer:     QUAKER CHEMICAL CORP (KWR)
CIK:        0000081362
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001104659-21-134435
Event type: earnings
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quaker Houghton reports record Q3 2021 net sales of $449.1M, net income $31.1M
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- Net sales rose 22% to $449.1M vs Q3 2020, driven by 10% organic volume growth and price/mix gains of 10%
- Non-GAAP EPS of $1.63 increased 5% from $1.56 in Q3 2020; reported EPS was $1.73
- Adjusted EBITDA of $66.2M up 3% from $63.9M in Q3 2020, with trailing twelve-month adjusted EBITDA at $279M
- Invested $13M in three acquisitions (Grindaix, 3-S assets, Baron) expected to add $2M full-year adjusted EBITDA in 2022
- Gross margin fell to 32.3% from 35.5% sequentially due to unprecedented raw material cost inflation; price increases ongoing

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81362/000110465921134435/0001104659-21-134435-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81362/000110465921134435/tm2131918d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-134435

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