secwatch.observer — SEC 8-K summary
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Issuer:     RBC Bearings INC (RBC)
CIK:        0001324948
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001213900-23-084979
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBC Bearings Q2 FY2024 net sales $385.6M (+4.4% YoY); adjusted EPS $2.17 vs $1.93
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- Net sales $385.6M (+4.4% YoY); Aerospace/Defense up 22.9%, Industrial down 2.8%.
- GAAP diluted EPS $1.58; adjusted diluted EPS $2.17 vs $1.93 prior year.
- Gross margin 43.1% vs 40.9%; adjusted EBITDA margin 31.7% vs 29.5%.
- Backlog $641.3M stable QoQ; acquired Specline precision bearings co. for $18.7M.
- Q3 guidance net sales $370-380M (+5.2-8.1%); FY2024 outlook ~$1.55-$1.60B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324948/000121390023084979/0001213900-23-084979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324948/000121390023084979/ea187842-8k_rbcbearing.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-084979

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