RBC Bearings INC incurred revolving credit of $500,000,000 with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto.
“Description 10.1 Second Amendment, dated as of October 28, 2025, to Credit Agreement, dated as of December 5, 2022, by and among Roller Bearing Company of America, Inc., RBC Bearings Incorporated, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document 1 SIGNATURES According to the requirements of the Securities”
Debt Financings
RBC Bearings INC incurred revolving credit of $200.0 million with Wells Fargo Bank, National Association, and the other members of the lender group maturing November 2026.
“On July 18, 2025 Roller Bearing Company of America, Inc. (“RBCA”), a subsidiary of RBC Bearings Incorporated, drew down $200.0 million on its $500.0 million revolving credit facility with Wells Fargo Bank, National Association, and the other members of the lender group (the “Revolver”), and used the money to pay a portion of the purchase price to acquire VACCO Industries.”
Frederick J. Elmy was elected as director at RBC Bearings INC.
“On October 1, 2024, the Board of Directors of RBC Bearings Incorporated (the "Company") elected Frederick J. Elmy a director of the Company to fill a vacancy on the Board”
Earnings Releases
RBC Bearings INC reported the full fiscal year ended March 30, 2024 results: revenue $1,560.3 million, net income $209.9 million, EPS $6.41.
“% 16.8 % Diluted EPS $ 1.91 $ 2.47 $ 1.49 $ 2.13 28.2 % 16.0 % (1) Results exclude items in reconciliation below. Fiscal 2024 Financial Highlights ● Fiscal 2024 net sales of $1,560.3 million increased 6.2% over last year, Aerospace/Defense up 20.7% and Industrial up 0.2%. ● Gross margin of 43.0% for fiscal 2024 compared to 41.2% last year. ● Fiscal 2024 net income”
Earnings Releases
RBC Bearings INC reported the quarter ended March 30, 2024 results: revenue $413.7 million, net income $61.6 million, EPS $1.91.
“defense and aerospace industries, today reported results for the fourth quarter and full year fiscal 2024. Fourth Quarter Financial Highlights ● Fourth quarter net sales of $413.7 million increased 4.9% over last year, Aerospace/Defense up 16.8% and Industrial down 0.4%. ● Gross margin of 43.1% for the fourth quarter of fiscal 2024 compared to 42.2% last year. ●”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.