{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-001001","form_type":"8-K","ticker":"RS","cik":"0000861884","company_name":"RELIANCE, INC.","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.300925+00:00","generated_at":"2026-06-19T10:02:48.778053+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Reliance Steel reports record annual sales of $17.03B; Q4 EPS $5.88; dividend raised 14.3%","bullets":["Annual net sales $17.03B (+20.8% YoY); record diluted EPS $29.92 ($30.03 non-GAAP); record pretax income $2.43B.","Q4 net sales $3,610.8M (-9.5% YoY, -15% QoQ); Q4 diluted EPS $5.88 ($5.87 non-GAAP); tons sold down 8.2% QoQ.","Record cash from operations $2.12B for 2022; $808.7M in Q4; $1.17B cash; $1.66B debt at year-end.","Board raised quarterly dividend 14.3% to $1.00/share (annual $4.00); share repurchases $630.3M in 2022.","Guidance: Q1 2023 non-GAAP diluted EPS $5.40-$5.60; tons sold expected up 11%-13% QoQ; pricing down 3%-5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-001001","json":"https://secwatch.observer/filing/0001171843-23-001001.json","markdown":"https://secwatch.observer/filing/0001171843-23-001001.md","text":"https://secwatch.observer/filing/0001171843-23-001001.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861884/000117184323001001/0001171843-23-001001-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861884/000117184323001001/f8k_021623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T10:02:48.778053+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aa1a8089febbe10f33ea0943fd294a07b7d69e53","claim":"RELIANCE, INC. reported the full year ended December 31, 2022 results: revenue $17.03 billion, net income $1,840.1 million, EPS $29.92.","evidence_excerpt":"Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2022 Financial Results - Record annual net sales of $17.03 billion increased 20.8% - Record annual pretax income of $2.43 billion and pretax income margin of 14.3% - Record annual EPS of $29.92; non-GAAP EPS of $30.03 - Record quarterly and annual cash flow from operations of $808.7 million and $2.12 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/861884/000117184323001001/0001171843-23-001001-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$17.03 billion"},{"label":"Net income","value":"$1,840.1 million"},{"label":"EPS","value":"$29.92"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"65e6102c3e","claim":"John G. Figueroa departed as director at RELIANCE, INC..","evidence_excerpt":"On February 14, 2023, John G. Figueroa informed the Company's Board of Directors (the “Board”) that he has decided to retire from service on the Board and will not stand for reelection to the Board at the 2023 Annual Meeting of Stockholders (the “Annual Meeting”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/861884/000117184323001001/0001171843-23-001001-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}