secwatch.observer — SEC 8-K summary
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Issuer:     Cadre Holdings, Inc. (CDRE)
CIK:        0001860543
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001558370-22-003288
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadre Holdings reports record FY2021 net sales $427.3M, Adj. EBITDA $71.4M; guides FY2022 net sales $434-441M
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- FY2021 net sales $427.3M (+5.6% YoY); Q4 net sales $103.5M vs $107.6M prior year.
- FY2021 gross margin 39.9% (+210 bps YoY); Adj. EBITDA margin 16.7% (+240 bps YoY).
- FY2021 net income $12.7M ($0.44 diluted EPS) vs $38.5M prior year, impacted by debt extinguishment and tax vs GAAP one-offs.
- Completed accretive acquisition of Radar Leather Division (Italy) on Jan 11, 2022, expanding European duty gear presence.
- Declared quarterly cash dividend $0.08/share in Jan 2022; FY2022 guidance: net sales $434-441M, Adj. EBITDA $70-75.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860543/000155837022003288/0001558370-22-003288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860543/000155837022003288/cdre-20220310x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-003288

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