---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-063224"
form_type: "8-K"
ticker: "RBC"
cik: "0001324948"
company_name: "RBC Bearings INC"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:44:59.105946+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RBC Bearings Q1 net sales $387M (+9.3%); GAAP EPS $1.52, adjusted $2.13

## Summary
- Net sales $387.1M, +9.3% YoY; Aerospace/Defense +21.2%, Industrial +4.7%.
- Gross margin 43.4% vs 39.9% last year; adjusted operating margin 22.0% vs 19.3%.
- GAAP diluted EPS $1.52, adjusted diluted EPS $2.13; GAAP net income $50.0M, adjusted $67.7M.
- Free cash flow $55.1M; net debt to adjusted EBITDA 2.84x; backlog $641.1M.
- Q2 FY2024 outlook: net sales $380-390M; full year expected ~$1.6B.

## SEC filing metadata
- accession: 0001213900-23-063224
- form_type: 8-K
- ticker: RBC
- cik: 0001324948
- company_name: RBC Bearings INC
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324948/000121390023063224/0001213900-23-063224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324948/000121390023063224/ea182863-8k_rbcbearings.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-063224
- JSON: https://secwatch.observer/filing/0001213900-23-063224.json
- Plain text: https://secwatch.observer/filing/0001213900-23-063224.txt

## Key facts
- Earnings Releases
  RBC Bearings INC reported first quarter of fiscal 2024 results: EPS $1.52.
  - Period: first quarter of fiscal 2024
  - EPS: $1.52
  - Result: reported results
  source text: the industrial, defense and aerospace industries, today reported results for the first quarter of fiscal 2024. First Quarter Financial Highlights ● First quarter net sales of $387.1 million increased 9.3% over last year, Aerospace/Defense up 21.2% and Industrial up 4.7%. ● Gross margin of 43.4% in the first quarter of fiscal 2024 compared to 39.9% for the same
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324948/000121390023063224/0001213900-23-063224-index.htm
- Earnings Releases
  RBC Bearings INC reported first quarter of fiscal 2024 results: EPS $1.52.
  - Period: first quarter of fiscal 2024
  - EPS: $1.52
  - Result: reported results
  source text: GAAP diluted EPS of $1.52 and adjusted diluted EPS of $2.13.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324948/000121390023063224/0001213900-23-063224-index.htm
- Earnings Releases
  RBC Bearings INC reported second quarter of fiscal 2024 results: revenue $380.0 million to $390.0 million.
  - Period: second quarter of fiscal 2024
  - Revenue: $380.0 million to $390.0 million
  - Result: guidance update
  source text: The Company expects net sales to be approximately $380.0 million to $390.0 million in the second quarter of fiscal 2024, compared to $369.2 million last year, a growth rate of 2.9% to 5.6%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324948/000121390023063224/0001213900-23-063224-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.