secwatch.observer — SEC 8-K summary
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Issuer:     RBC Bearings INC (RBC)
CIK:        0001324948
Form:       8-K
Filed at:   2024-08-02T23:59:59+00:00
Accession:  0001213900-24-064391
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBC Bearings Q1 FY2025 adj. EPS $2.54 (+19.2% YoY); Aero/Def sales +23.7%
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- Net sales $406.3M (+5.0% YoY); Aerospace/Defense up 23.7%, Industrial down 3.5%.
- GAAP diluted EPS $1.90; adjusted diluted EPS $2.54 vs $2.13 last year (+19.2%).
- Gross margin 45.3% vs 43.4% last year; adjusted EBITDA margin 33.0% vs 31.1%.
- Backlog $825.8M vs $765.2M a year ago; Q2 FY2025 guidance $395-405M sales.
- Series A preferred stock converts to common on Oct 15, 2024, saving $23M/year in dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324948/000121390024064391/0001213900-24-064391-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324948/000121390024064391/ea0210452-8k_rbcbear.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-064391

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