secwatch.observer — SEC 8-K summary
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Issuer:     HYSTER-YALE, INC. (HY)
CIK:        0001173514
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001173514-25-000016
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyster-Yale 2024 revenue $4.3B (+5%); 2025 outlook: significant profit decline, cash flows comparable
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- FY2024 revenue $4.31B (+5% YoY); GAAP net income $142.3M ($8.04 EPS); adjusted net income $159M ($8.98 EPS).
- Q4 2024 revenue $1.07B (+4% YoY); adj. operating profit $53.7M (+10% YoY); GAAP net income $10.3M ($0.58 EPS).
- Charges of $21.4M in Q4 for manufacturing footprint optimization; expects additional $8M-$16M annual costs through 2026.
- 2025 outlook: significant revenue and profit decline from 2024's peak; cash flows expected comparable; market trough expected H1 2025.
- Inventory down $61M YoY and $100M sequential; net debt $344M, down 12% from Q3; repurchased ~$5M stock in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173514/000117351425000016/0001173514-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173514/000117351425000016/hy-20250225.htm
  HTML page:      https://secwatch.observer/filing/0001173514-25-000016

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