James K. Kamsickas
appointed James K. Kamsickas to serve as an independent director, effective October 1, 2024.
Highest-materiality recent filing
Reliance annual meeting: all directors elected, shareholder proposal rejected
All 9 director nominees elected; David W. Seeger received 34.1M for vs. 6.7M against (16.5% opposed).
Q1 non-GAAP EPS $5.16 vs guidance $4.50-$4.70; GAAP EPS $5.10; revenue $4.03B up 15.5% YoY.
Reliance Q4 net sales $3.5B (+11.9% YoY); raises dividend 4.2%; Q1 EPS guidance $4.50-$4.70
Q4 net sales $3.5B, up 11.9% YoY; tons sold record 1.53M, up 5.8%.
Reliance Q3 2025 EPS $3.59, tons sold record up 6.2% YoY; guides Q4 EPS $2.65-$2.85
Net sales $3.65B; GAAP diluted EPS $3.59 vs $3.61 YoY; non-GAAP EPS $3.64 flat YoY.
Reliance appoints John G. Sznewajs as independent director, board expands to nine
Board increased from 8 to 9 members; 8 of 9 are independent.
Reliance enters $400M term loan to repay August 2025 senior notes
$400M term loan fully drawn at closing, matures August 14, 2028.
Reliance Q2 2025: record tons sold, non-GAAP EPS $4.43 up 18% QoQ, Q3 guidance $3.60-$3.80
Net sales $3.66B, tons sold 1.615M (+4.0% YoY) record for Q2; non-GAAP diluted EPS $4.43 (+17.5% QoQ).
Reliance annual meeting elects all 8 director nominees, approves say-on-pay and KPMG ratification
All 8 director nominees elected; David W. Seeger received fewest 'for' votes at 35.9M vs 8.2M against.
Reliance Q1 non-GAAP EPS $3.77 beats guidance; record tons sold up 9% YoY
Record 1.63M tons sold (+9.0% YoY); net sales $3.48B; gross margin 29.7%.
Reliance Q4 net sales $3.13B, non-GAAP EPS $2.22; dividend +9.1% to $1.20; Q1 guide $3.30-$3.50
Q4 net sales $3.13B (-8.6% seq, -6.3% YoY); GAAP EPS $1.93; non-GAAP EPS $2.22.
Director Mark V. Kaminski to retire at 2025 annual meeting, not seeking reelection
Mark V. Kaminski notified Reliance he will not stand for reelection at the 2025 Annual Meeting.
Reliance Q3 EPS $3.61, down 27.7% YoY; guides Q4 EPS $2.65-$2.85
Net sales $3.42B (-5.6% YoY); tons sold +7.1% but avg selling price -12%
Reliance appoints James Kamsickas to board; Douglas Stotlar named Chairman from Jan 1, 2025
Board expanded to nine directors; James Kamsickas (CEO of Dana Inc.) appointed independent director effective Oct 1, 2024.
Reliance enters $1.5B unsecured revolving credit facility, drops interest coverage covenant
New five-year senior unsecured revolving facility of $1.5 billion, replacing 2020 credit agreement.
Reliance Q2 EPS $4.67 on $3.64B sales; tons sold +4% QoQ but pricing pressure persists
Net sales $3.64B flat QoQ; tons sold up 4.0% to 1.55M, same-store tons +0.9%.
Reliance, Inc. Stockholders Approve Extension of 2015 Incentive Award Plan and Elect Directors
Stockholders approved amendment to extend the 2015 Incentive Award Plan by 5 years through 2030; vote: 45,679,584 for, 1,543,015 against.
Reliance Q1 non-GAAP EPS $5.30; 3 acquisitions; dividend raised to $1.10
Non-GAAP EPS $5.30 vs $6.37 YoY; net sales $3.64B, down 8.1% YoY.
appointed James K. Kamsickas to serve as an independent director, effective October 1, 2024.
Max materiality 0.85 · Median 0.65 · Most common event earnings