secwatch.observer — SEC 8-K summary
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Issuer:     RELIANCE, INC. (RS)
CIK:        0000861884
Form:       8-K
Filed at:   2026-10-21T20:20:17+00:00
Accession:  0001171843-26-006744
Event type: earnings
Sentiment:  positive
Materiality: 0.82
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Reliance Q3 2026 net sales hit record $5.21B, non-GAAP EPS $8.02 up 120% YoY
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- Net sales $5,213.2M rose 12.6% sequentially and 42.8% YoY; tons sold 1,867.2K, up 4.3% sequentially
- Non-GAAP diluted EPS $8.02 beat guidance of $6.40-$6.60; GAAP EPS $7.84; pretax income $531.9M, up 114.7% YoY
- LIFO expense of $187.5M ($2.74/share) exceeded the $1.10 expectation; FIFO non-GAAP EPS was $10.76
- U.S. border wall project added $0.74/share and 3.7% of sequential tons; board raised buyback authorization to $2.5B
- Q4 2026 guidance: non-GAAP EPS $7.40-$7.60, up over 200% YoY, including ~$0.70 from border wall shipments

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861884/000117184326006744/0001171843-26-006744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861884/000117184326006744/f8k_102126.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-006744

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