{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-004703","form_type":"8-K","ticker":"RS","cik":"0000861884","company_name":"RELIANCE, INC.","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.812287+00:00","generated_at":"2026-06-13T01:44:39.105329+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Reliance Steel Q2 EPS $6.49; guides Q3 non-GAAP EPS $4.90-$5.10 on softer pricing","bullets":["Net sales $3.88B, tons sold +1.9% YoY; GAAP EPS $6.49 vs $9.15 a year ago.","Cash from ops $295.1M; repurchased $73.9M of common stock in Q2.","Completed acquisition of Southern Steel Supply (annual revenue $62.9M) on May 1, 2023.","Board declared $1.00/share dividend (annual $4.00), payable Sept 1, record Aug 18.","Q3 outlook: tons sold -2% to -4% QoQ; average selling price -2% to -4% QoQ."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-004703","json":"https://secwatch.observer/filing/0001171843-23-004703.json","markdown":"https://secwatch.observer/filing/0001171843-23-004703.md","text":"https://secwatch.observer/filing/0001171843-23-004703.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861884/000117184323004703/0001171843-23-004703-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861884/000117184323004703/f8k_072723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:44:39.105329+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":"b1644873740ce619de7335dc8036ec2589e7b9d3","claim":"RELIANCE, INC. reported the second quarter ended June 30, 2023 results: revenue $3.88 billion, net income $385.1, EPS $6.49.","evidence_excerpt":"Reliance Steel & Aluminum Co. Reports Second Quarter 2023 Financial Results · Net sales of $3.88 billion with tons sold up 1.9% from Q2 2022 · Strong gross profit margin of 31.5% · EPS of $6.49 · Cash flow from operations of $295.1 million · Repurchased $73.9 million of common stock · Completed acquisition of Southern Steel Supply, LLC on May 1, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/861884/000117184323004703/0001171843-23-004703-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$3.88 billion"},{"label":"Net income","value":"$385.1"},{"label":"EPS","value":"$6.49"},{"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"}