Highest-materiality recent filing
Kennametal Q3 sales up 22% to $593M; adj EPS $0.77 beats outlook; raises annual guidance
Sales $593M (+22% YoY); organic growth 19%; operating income $79M (13.4% margin), up 80%.
Kennametal Q2 FY2026 sales $530M (+10% YoY); adj EPS $0.47 (+89%); raises annual outlook
Sales $530M (+10% YoY); operating income $53M (9.9% margin); adj operating income $56M (10.5% margin).
Kennametal Q1 sales $498M (+3%), adjusted EPS $0.34 (+18%), raises FY2026 outlook
Sales $498M (+3% YoY); adjusted operating income $41M (+11%); adjusted EPS $0.34 (+18%).
Kennametal Q4 adj EPS $0.34 vs $0.49 YoY; FY26 guidance below FY25 levels
Q4 sales $516M (-5% YoY); adjusted EPS $0.34 vs $0.49; reported EPS $0.28.
Kennametal Q3 adjusted EPS $0.47 beats prior year on sales down 6%; updates FY outlook
EPS of $0.41 (adjusted $0.47) vs $0.24 ($0.30) prior year; adjusted EPS exceeded prior outlook.
Kennametal Q2 FY25 sales $482M, EPS $0.23, lowers FY outlook on EMEA weakness
Sales $482M, down 3% YoY; GAAP EPS $0.23 vs $0.29, adjusted EPS $0.25 vs $0.30.
Kennametal announces plant closures and headcount cuts; expects $25M pre-tax charges
Closing Greenfield, MA facility; ops cease April 2025, substantial completion by Dec 31, 2025.
Kennametal Q1 sales $482M (-2%); EPS $0.28; adj EPS $0.29; guides FY adj EPS $1.30-1.70
Sales $482M, down 2% YoY; EPS $0.28 vs $0.37; adjusted EPS $0.29 vs $0.41.
Base salary $520K; sign-on cash bonus $125K (repayable if voluntary termination within 1 year).
Kennametal Q4 EPS $0.47, FY24 adj EPS $1.50; new $200M buyback; FY25 guide adj EPS $1.30-1.70
Q4 EPS $0.47 (adj $0.49) vs $0.45 (adj $0.51) prior year; FY24 EPS $1.37 (adj $1.50) vs $1.46 (adj $1.52).
Kennametal Q3 EPS $0.24 (adj. $0.30); sales down 4%; lowers FY2024 outlook
Sales $516M, down 4% YoY; EPS $0.24 vs $0.39; adjusted EPS $0.30.
Kennametal appoints Sanjay Chowbey as CEO effective June 1, 2024; Christopher Rossi retires May 31
Christopher Rossi to retire as President & CEO on May 31, 2024 after nearly 7 years at the helm.
Kennametal Q2 EPS $0.29 flat sales; launches $200M buyback; cuts FY24 outlook
Q2 sales $495M flat YoY; organic sales down 3%; EPS $0.29 vs $0.27 prior year; adjusted EPS $0.30.
Kennametal Q1 EPS $0.37 beats prior year; sales flat at $492M; guides FY adj EPS $1.75-$2.15
EPS $0.37 vs $0.34 YoY; adjusted EPS $0.41.
Kennametal FY23 EPS down to $1.46; guides FY24 EPS $1.75-$2.15
FY23 EPS of $1.46 (adjusted $1.52) vs $1.72 (adj $1.78) prior year; Q4 EPS $0.45 (adj $0.51) vs $0.50 (adj $0.53).
Kennametal Q3 sales up 5% YoY, raises FY2023 adjusted EPS and sales outlook
EPS $0.39 (GAAP) vs $0.42 prior year; revenue $536M +5% YoY, organic +8%.
Kennametal Q2 FY23 EPS $0.27 vs $0.37; sales $497M, +2% YoY with 11% organic growth
GAAP EPS $0.27, down from $0.37; no adjusted EPS reported for current quarter (prior year adj. EPS $0.35).
Kennametal Q1 FY2023 EPS $0.34 vs $0.43 YoY; sales $495M; guides FY adjusted EPS $1.30-$1.70
Sales $495M, up 2% YoY; organic growth 9% offset by 7% FX headwind.
Kennametal FY22 EPS $1.72, up 165% YoY; Q4 EPS $0.50, adjusted $0.53 flat; sales $2.0B +9%
FY22 sales $2.0B, up 9% YoY (11% organic); Q4 sales $530M, up 3% (7% organic).
Kennametal Q3 FY2022: sales $512M, adj. EPS $0.47; margin up 280 bps
Sales $512M, +6% YoY (organic +8%); GAAP EPS $0.42, adjusted EPS $0.47 (vs $0.32 prior).
Cindy L. Davis provided notice to the Company that she does not intend to run for re-election to the Board at the Annual Meeting of Shareowners to be held in October 2025. She will retire from the Board as of September 1, 2025.
the appointment of Shelley Bausch, age 60, to serve as a member of the Board of Directors to hold office from May 1, 2025
Mr. Franklin Cardenas leaving the Company.
On January 28, 2025, the Board of Directors (the “Board”) of Kennametal Inc. (the “Company”) announced the appointment of Doug Dietrich, age 55, to serve as a member of the Board of Directors to hold office from February 1, 2025 until the Annual Meeting of Shareholders in October 2025
Mr. Hamadi succeeds Mr. Franklin Cardenas, the Company’s current Vice President, Kennametal Inc. and President, Infrastructure Business Segment, who has served in the role from February 20, 2020 to date and will cease serving in such role effective January 20, 2025.
On January 13, 2025, the Board of Directors (the “Board”) of Kennametal Inc. (the “Company” or “Kennametal”) announced the appointment of Faisal Hamadi, age 40, to serve as Vice President, Kennametal Inc. and President, Infrastructure Business Segment effective January 20, 2025.
the election of C. David Bersaglini ("Mr. Bersaglini") to serve as a Vice President, Kennametal Inc. and President, Metal Cutting Business Segment, effective as of August 26, 2024.
Lawrence W. Stranghoener provided notice to the Company that he does not intend to run for re-election to the Board at the Annual Meeting of Shareowners to be held in October 2024. He will retire from the Board at the end of that meeting.
elected C. David Bersaglini to serve as Vice President and President, Metal Cutting Business Segment effective on or about August 26, 2024.
Mr. Chowbey has also been appointed to serve as a member of the Board of Directors to hold office from June 1, 2024
the Board announced the appointment of Mr. Sanjay Chowbey to serve as Kennametal’s President and Chief Executive Officer starting on June 1, 2024.
On October 26, 2023, the Board of Directors (“Board”) of Kennametal Inc. (the “Company”) announced that Mr. William M. Lambert has been appointed Chairman of the Board to take effect on November 1, 2023, succeeding Lawrence W. Stranghoener...
Max materiality 0.85 · Median 0.55 · Most common event earnings