James K. Kamsickas
appointed James K. Kamsickas to serve as an independent director, effective October 1, 2024.
Highest-materiality recent filing
Reliance Q2 EPS $6.29 beats guidance; record tons sold; Q3 guidance $6.40-$6.60
Net sales $4.63B, up 15% sequentially; record tons sold 1.79M, up 7% sequentially.
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 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 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.
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 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 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.
Net sales $3,337.3M in Q4, down 7.6% YoY; full-year net sales $14,805.9M, down 13.0%.
Reliance Steel Q3 EPS $4.99 in line; Q4 guide $3.70-$3.90; buyback authorized $1.5B
Q3 net sales $3.62B, tons sold up 1.1% YoY; non-GAAP EPS $5.00 in line with guidance.
Reliance Steel Q2 EPS $6.49; guides Q3 non-GAAP EPS $4.90-$5.10 on softer pricing
Net sales $3.88B, tons sold +1.9% YoY; GAAP EPS $6.49 vs $9.15 a year ago.
Net sales $3.97B, down 11.6% YoY but up 9.8% sequentially; tons sold up 17.7% QoQ.
Reliance Steel reports record annual sales of $17.03B; Q4 EPS $5.88; dividend raised 14.3%
Annual net sales $17.03B (+20.8% YoY); record diluted EPS $29.92 ($30.03 non-GAAP); record pretax income $2.43B.
Reliance Steel Q3 net sales $4.25B (+10.4% YoY), EPS $6.45; guides Q4 non-GAAP EPS $4.30-$4.50
Record Q3 net sales of $4.247B, up 10.4% YoY; diluted EPS $6.45, non-GAAP $6.48.
Reliance Steel CEO James Hoffman to retire Dec 31, 2022; Karla Lewis to become CEO Jan 1, 2023
James D. Hoffman to retire as CEO effective Dec 31, 2022; will serve as Senior Advisor through Dec 2023.
Reliance Steel Q2 2022: Record sales $4.68B, EPS $9.15; Q3 guidance $6.00-$6.20
Record Q2 net sales $4.68B, gross profit $1.50B (31.9% margin), pretax income $762.6M (16.3% margin).
Reliance Steel promotes Stephen Koch to COO; Shanley to retire; annual meeting results
Michael P. Shanley to retire as SVP Operations effective Dec 31, 2022; will serve as Special Advisor from July 1, 2022.
Reliance Steel Q1 2022: record sales $4.49B, EPS $8.33, raises dividend 27.3%
Revenue $4.49B (+58% YoY, +12.5% QoQ); diluted EPS $8.33 (non-GAAP $8.42) - both quarterly records.
Reliance Steel posts record FY21 revenue $14.09B, EPS $21.97; Q4 EPS $6.64 beats; dividend up 27%
Record annual net sales of $14.09B (+59.9% YoY) and diluted EPS of $21.97 ($22.12 non-GAAP).
Reliance Steel Q3 net sales $3.85B record, EPS $6.15; guides Q4 $5.05-$5.15 EPS
Q3 net sales $3.85B (+84.5% YoY); diluted EPS $6.15 (record); pretax income $532.6M (record).
Reliance Steel Q2 EPS $5.08 beat; record sales $3.42B; raises buyback to $1B
Record quarterly net sales $3.42B, gross profit $1.08B (margin 31.7%), pretax income $444.1M.
appointed James K. Kamsickas to serve as an independent director, effective October 1, 2024.
On October 24, 2023, James D. Hoffman informed the Company’s Board of Directors (the “Board”) that he has decided to retire from service on the Board and will not stand for reelection to the Board at the 2024 Annual Meeting of Stockholders
On February 14, 2023, John G. Figueroa informed the Company's Board of Directors (the “Board”) that he has decided to retire from service on the Board and will not stand for reelection to the Board at the 2023 Annual Meeting of Stockholders (the “Annual Meeting”).
James D. Hoffman will retire as the Company’s Chief Executive Officer (the “CEO”) at the end of the Company’s fiscal year on December 31, 2022.
current President, Karla R. Lewis, will succeed Mr. Hoffman as CEO effective January 1, 2023.
the Company also announced the promotion of Michael R. Hynes to Senior Vice President, Operations, effective July 1, 2022.
On May 18, 2022, Michael P. Shanley, the Senior Vice President, Operations of Reliance Steel & Aluminum Co. (the “Company”) notified the Company of his intended retirement from the Company, effective December 31, 2022.
the Company announced the promotion of Stephen P. Koch to the position of Executive Vice President and Chief Operating Officer, effective July 1, 2022.
On October 6, 2021, Reliance Steel & Aluminum Co. (the “Company”) announced that it increased the size of its Board of Directors from eleven to twelve directors and appointed Frank J. Dellaquila to serve as an independent director, effective October 5, 2021.
On July 23, 2021, Reliance Steel & Aluminum Co. (the “Company”) announced that it increased the size of its Board of Directors from ten to eleven directors and appointed David W. Seeger to serve as an independent director, effective July 20, 2021.
On June 28, 2021, William K. Sales, Jr., Executive Vice President, Operations of Reliance Steel & Aluminum Co. (the “Company”) informed the Company that he will be retiring effective January 31, 2022.
Max materiality 0.90 · Median 0.75 · Most common event earnings