---
schema_version: "secwatch.filing_event.v1"
accession: "0001718512-24-000080"
form_type: "8-K"
ticker: "GTES"
cik: "0001718512"
company_name: "Gates Industrial Corp plc"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:23:05.446188+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gates Industrial Q3 sales down 4.8% to $830.7M; adjusted EPS guidance raised

## Summary
- Diluted GAAP EPS $0.18 vs $0.29 YoY; adjusted EPS $0.33 vs $0.36.
- Adjusted EBITDA margin 22.0%, up 30 bps YoY, driven by enterprise initiatives and mix.
- Power Transmission net sales $513.4M (-4.3%); Fluid Power $317.3M (-5.7%).
- Full-year adjusted EPS guidance raised to $1.33-$1.37 from $1.29-$1.35; EBITDA midpoint unchanged.
- YTD operating cash flow $188.7M vs $291.7M; total debt $2.4B, cash $574.4M.

## SEC filing metadata
- accession: 0001718512-24-000080
- form_type: 8-K
- ticker: GTES
- cik: 0001718512
- company_name: Gates Industrial Corp plc
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718512/000171851224000080/0001718512-24-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718512/000171851224000080/gtes-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718512-24-000080
- JSON: https://secwatch.observer/filing/0001718512-24-000080.json
- Plain text: https://secwatch.observer/filing/0001718512-24-000080.txt

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