---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-004996"
form_type: "8-K"
ticker: "RS"
cik: "0000861884"
company_name: "RELIANCE, INC."
filed_at: "2021-07-22T23:59:59+00:00"
generated_at: "2026-06-30T03:31:53.987370+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Reliance Steel Q2 EPS $5.08 beat; record sales $3.42B; raises buyback to $1B

## Summary
- Record quarterly net sales $3.42B, gross profit $1.08B (margin 31.7%), pretax income $444.1M.
- Diluted EPS $5.08 vs $1.24 YoY; non-GAAP diluted EPS $5.06.
- Board increased share repurchase authorization to $1B; declared $0.6875/share dividend payable Aug 27.
- Raised sustainable gross profit margin range to 29%-31% from prior range.
- Q3 2021 guidance: non-GAAP EPS $5.55-$5.75; tons sold flat to slight decline; avg selling price up 7-9%.

## SEC filing metadata
- accession: 0001171843-21-004996
- form_type: 8-K
- ticker: RS
- cik: 0000861884
- company_name: RELIANCE, INC.
- filed_at: 2021-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861884/000117184321004996/0001171843-21-004996-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861884/000117184321004996/f8k_072221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-004996
- JSON: https://secwatch.observer/filing/0001171843-21-004996.json
- Plain text: https://secwatch.observer/filing/0001171843-21-004996.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.