secwatch.observer — SEC 8-K summary
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Issuer:     RELIANCE, INC. (RS)
CIK:        0000861884
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001171843-25-002417
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reliance Q1 non-GAAP EPS $3.77 beats guidance; record tons sold up 9% YoY
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- Record 1.63M tons sold (+9.0% YoY); net sales $3.48B; gross margin 29.7%.
- Non-GAAP EPS $3.77 vs guidance $3.30-$3.50; diluted EPS $3.74.
- Repurchased $253.2M of stock (922,656 shares at $274.41 avg).
- Quarterly dividend raised 9.1% to $1.20/share; payable June 6.
- Q2 guidance: tons sold flat to up 1% sequentially; non-GAAP EPS $4.50-$4.70.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861884/000117184325002417/0001171843-25-002417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861884/000117184325002417/f8k_042325.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-002417

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