secwatch.observer — SEC 8-K summary
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Issuer:     FULLER H B CO (FUL)
CIK:        0000039368
Form:       8-K
Filed at:   2025-01-16T23:59:59+00:00
Accession:  0001437749-25-001244
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

H.B. Fuller Reports Q4 and Fiscal Year 2024 Results: Net Income $130M, Adjusted EBITDA $594M
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- Fiscal year 2024 net revenue $3.57B, up 1.6% YoY; organic revenue down 1.0% due to 2.7% unfavorable pricing offset by 1.7% higher volume.
- Adjusted EBITDA margin expanded to 16.6%; reported EPS $2.30, adjusted EPS $3.84, flat YoY due to higher amortization.
- Q4 net revenue $923M, up 2.3%; net loss of $7M including $38M non-cash charge from Flooring divestiture.
- Finalizing plan to reduce manufacturing footprint from 82 to 55 facilities by 2030, targeting $75M annualized savings.
- Fiscal 2025 outlook: adjusted EBITDA $600M-$625M (1-5% growth); adjusted EPS $3.90-$4.20 (2-9% growth).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/39368/000143774925001244/0001437749-25-001244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/39368/000143774925001244/ful20250115_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-001244

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