Michele R. Kuhrt
Additionally, on February 19, 2025, Michele R. Kuhrt, Executive Vice President, Chief Transformation Officer of the Company, informed the Company of her intention to retire, effective August 31, 2025.
Highest-materiality recent filing
Lincoln Electric Q1 net sales +11.7% to $1.12B; adj. EPS $2.50 vs $2.16 YoY
Net sales $1,121M, up 11.7% (organic +7.8%); operating income margin 16.6%.
Lincoln Electric Q4 sales up 5.5% to $1.08B, adj EPS $2.65 vs $2.57 a year ago
Net sales $1,078.7M (+5.5% YoY); organic +2.5%; full-year sales $4,233M (+5.6%).
Lincoln Electric Q3 2025 EPS $2.21; sales up 7.9%; dividend increased 5.3%
Q3 net sales $1,061M (+7.9% YoY); organic sales +5.6%, acquisitions +1.7%.
Lincoln Electric Q2 EPS $2.56 vs $1.77; sales up 6.6%; acquires Alloy Steel for $90M
Q2 2025 EPS $2.56 ($2.60 adjusted) vs $1.77 ($2.34 adjusted) prior year; sales $1,089M (+6.6%).
Lincoln Electric Q1 EPS $2.10 ($2.16 adj.), sales $1,004M; cash flow record $186M
Net income $118.5M ($2.10 EPS) vs $123.4M ($2.14 EPS) a year ago; adjusted EPS $2.16 vs $2.23.
Lincoln Electric Q4 2024 sales down 3.4% to $1.02B; adjusted EPS $2.57 up from $2.45
Net sales of $1,022M, down 3.4% YoY; organic sales fell 7.5%, acquisitions added 5.2%.
Lincoln Electric Q3 sales down 4.8% to $984M; adj EPS $2.14 vs $2.40; dividend raised 5.6%
Net sales $983.8M, down 4.8% YoY; organic sales fell 7.7%, acquisition benefit 3.0%.
Lincoln Electric Q2 2024: sales down 3.7% to $1.02B; adjusted EPS $2.34 vs $2.44
Net sales $1,022M (-3.7% YoY); organic sales down 4.4%, acquisitions added 1.2%.
Lincoln Electric issues $550M in senior notes, enters $1B revolver; refinances term loan
Issued $75M Series A at 5.55% due 2029, $75M Series B at 5.62% due 2031, $400M Series C at 5.74% due 2034.
Lincoln Electric posts record Q1 EPS of $2.14; sales down 5.6% to $981M
Record Q1 diluted EPS of $2.14 (adjusted $2.23) vs $2.09 (adjusted $2.13) a year ago.
Additionally, on February 19, 2025, Michele R. Kuhrt, Executive Vice President, Chief Transformation Officer of the Company, informed the Company of her intention to retire, effective August 31, 2025.
On February 19, 2025, Kellye I. Walker notified the Board of Directors (the “Board”) of Lincoln Electric Holdings, Inc. (the “Company”) of her intention to resign from the Board and not to stand for re-election upon the expiration of her current term, which expires at the Company’s 2025 annual meeting of shareholders.
On February 19, 2025, the Board of the Company increased its size from eleven to twelve members and elected N. Joy Falotico to fill the resulting vacancy.
Christopher L. Mapes, Executive Chair of the Board of Directors of the Company (the “Board”), will retire from his position as Executive Chair and a member of the Board on December 31, 2024.
The Board has elected Steven B. Hedlund, currently President and Chief Executive Officer and a Director, as Chair of the Board, effective as of January 1, 2025.
Max materiality 0.75 · Median 0.68 · Most common event earnings