---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-007233"
form_type: "8-K"
ticker: "RS"
cik: "0000861884"
company_name: "RELIANCE, INC."
filed_at: "2021-10-28T23:59:59+00:00"
generated_at: "2026-06-28T17:08:01.552153+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Reliance Steel Q3 net sales $3.85B record, EPS $6.15; guides Q4 $5.05-$5.15 EPS

## Summary
- Q3 net sales $3.85B (+84.5% YoY); diluted EPS $6.15 (record); pretax income $532.6M (record).
- LIFO expense $262.5M ($3.06/diluted share) due to rising metal prices; gross margin 31.5%.
- Completed acquisition of Merfish United (Oct 1) for ~$600M annual sales; adds tubular building products.
- Q4 2021 guidance: non-GAAP EPS $5.05-$5.15; tons sold down 5%-8% QoQ; avg selling price up 5%-7%.
- Repurchased 0.9M shares for $131M; quarterly dividend $0.6875/share, payable Dec 3, 2021.

## SEC filing metadata
- accession: 0001171843-21-007233
- form_type: 8-K
- ticker: RS
- cik: 0000861884
- company_name: RELIANCE, INC.
- filed_at: 2021-10-28T23:59:59+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/861884/000117184321007233/0001171843-21-007233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861884/000117184321007233/f8k_102821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-007233
- JSON: https://secwatch.observer/filing/0001171843-21-007233.json
- Plain text: https://secwatch.observer/filing/0001171843-21-007233.txt

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