secwatch.observer — SEC 8-K summary
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Issuer:     RBC Bearings INC (RBC)
CIK:        0001324948
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001213900-23-009820
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBC Bearings Q3 fiscal 2023 net sales $351.6M (+31.7% YoY); adjusted EPS $1.64 vs $1.20
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- Adjusted diluted EPS $1.64 vs $1.20 last year; GAAP diluted EPS $1.05 vs loss $0.18.
- Organic net sales grew 12.7% YoY; Industrial segment organic up 11.8%, Aero/Defense up 13.2%.
- Adjusted operating margin 20.4% vs 17.3%; adjusted net income attributable to common $47.7M vs $34.8M.
- Backlog $613.6M at Dec 31, 2022, down from $653.2M at Oct 1 but up from $552.7M a year ago.
- Q4 fiscal 2023 net sales guidance $375-385M, growth 4.5-7.3%; term loan reduced $60M in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324948/000121390023009820/0001213900-23-009820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324948/000121390023009820/ea173109-8k_rbcbearings.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-009820

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