{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-002609","form_type":"8-K","ticker":"RS","cik":"0000861884","company_name":"RELIANCE, INC.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.463007+00:00","generated_at":"2026-06-16T10:32:29.192991+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Reliance Steel Q1 EPS $6.43, beats expectations; dividend up 14.3% to $1.00/share; guides Q2 $6.40-$6.60","bullets":["Net sales $3.97B, down 11.6% YoY but up 9.8% sequentially; tons sold up 17.7% QoQ.","Diluted EPS $6.43 (GAAP), non-GAAP $6.37; pretax income margin 12.8%.","Cash from ops $384.6M; redeemed $500M senior notes; net debt-to-capital 4.3%.","Dividend raised 14.3% to $1.00/share quarterly; Q2 dividend declared payable June 9.","Q2 guidance: non-GAAP EPS $6.40-$6.60; tons flat to down 2%; pricing flat to up 2%."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-002609","json":"https://secwatch.observer/filing/0001171843-23-002609.json","markdown":"https://secwatch.observer/filing/0001171843-23-002609.md","text":"https://secwatch.observer/filing/0001171843-23-002609.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861884/000117184323002609/0001171843-23-002609-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861884/000117184323002609/f8k_042723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:32:29.192991+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":"d56def9c3658b229bca1fb08c55bcc3375745837","claim":"RELIANCE, INC. reported the first quarter ended March 31, 2023 results: revenue $3,965.3, net income $383.1, EPS $6.43.","evidence_excerpt":"except tons which are in thousands and per share amounts) Sequential Quarter Quarter-Over- Quarter Q1 2023 Q4 2022 % Change Q1 2022 % Change Income Statement Data: Net sales $ 3,965.3 $ 3,610.8 9.8% $ 4,485.8 (11.6%) Gross profit 1 $ 1,226.0 $ 1,129.8 8.5% $ 1,387.1 (11.6%) Gross profit margin 1 30.9% 31.3% (0.4%) 30.9% 0.0% Non-GAAP gross profit margin 1,2","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/861884/000117184323002609/0001171843-23-002609-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$3,965.3"},{"label":"Net income","value":"$383.1"},{"label":"EPS","value":"$6.43"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}