---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-001582"
form_type: "8-K"
ticker: "FUL"
cik: "0000039368"
company_name: "FULLER H B CO"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:11:13.305635+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# H.B. Fuller Q4 adjusted EPS $1.32 beats prior year; guides FY2024 up 7-15%

## Summary
- Q4 revenue $903M (-5.8% YoY); organic revenue -3.5%; adjusted gross margin 31.3% (+510bps).
- Q4 adjusted EBITDA $173M (+22%); margin 19.1% (record Q4); FY2023 margin 16.5% (record).
- FY2024 outlook: revenue +2-6% (organic flat to +3%); adjusted EBITDA $610-640M; adjusted EPS $4.15-4.45.
- FY2023 operating cash flow $378M (+48% YoY); net debt-to-adjusted EBITDA at 2.9x.
- Company targets >20% adjusted EBITDA margin within 3-5 years.

## SEC filing metadata
- accession: 0001437749-24-001582
- form_type: 8-K
- ticker: FUL
- cik: 0000039368
- company_name: FULLER H B CO
- filed_at: 2024-01-18T23:59:59+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/39368/000143774924001582/0001437749-24-001582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39368/000143774924001582/ful20240117_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-001582
- JSON: https://secwatch.observer/filing/0001437749-24-001582.json
- Plain text: https://secwatch.observer/filing/0001437749-24-001582.txt

## Key facts
- Earnings Releases
  FULLER H B CO reported the fourth quarter and fiscal year ended December 2, 2023 results: revenue $903 million, net income $45 million, EPS $0.80 per diluted share.
  - Period: the fourth quarter and fiscal year ended December 2, 2023
  - Revenue: $903 million
  - Net income: $45 million
  - EPS: $0.80 per diluted share
  - Result: reported results
  source text: record fourth quarter adjusted EBITDA margin on exceptional execution and proactive response to significant customer destocking activity throughout the year; ■ Net revenue was $903 million, down 5.8% year-on-year; net revenue was up 1.2% year-on-year on a 13-week comparable basis; organic revenue decreased 3.5% year-on-year, driven by slightly lower pricing and
  evidence_url: https://www.sec.gov/Archives/edgar/data/39368/000143774924001582/0001437749-24-001582-index.htm

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