secwatch.observer — SEC 8-K summary
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Issuer:     RELIANCE, INC. (RS)
CIK:        0000861884
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001171843-25-000921
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reliance Q4 net sales $3.13B, non-GAAP EPS $2.22; dividend +9.1% to $1.20; Q1 guide $3.30-$3.50
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- Q4 net sales $3.13B (-8.6% seq, -6.3% YoY); GAAP EPS $1.93; non-GAAP EPS $2.22.
- FY 2024 net sales $13.84B (-6.6% YoY); GAAP EPS $15.56; non-GAAP EPS $15.92; cash from ops $1.43B.
- Quarterly dividend raised 9.1% to $1.20/share ($4.80 annual); record $1.09B share repurchases in 2024 (6% share reduction).
- Q1 2025 guide: tons sold +6-8% seq; non-GAAP EPS $3.30-$3.50; pricing expected stable.
- Completed 4 acquisitions in 2024 ($364.6M); demand strong in non-residential construction, steady in aerospace and automotive.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861884/000117184325000921/0001171843-25-000921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861884/000117184325000921/f8k_021925.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000921

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer