Welcome to our dedicated page for Brady news (Ticker: BRC), a resource for investors and traders seeking the latest updates and insights on Brady stock.
Brady Corporation (BRC) delivers essential identification and workplace safety solutions across 30+ industries worldwide. This news hub provides investors and professionals with timely updates on regulatory developments, product innovations, and operational milestones.
Access authoritative reporting on earnings announcements, manufacturing expansions, and compliance product launches. Our curated collection includes press releases detailing strategic partnerships, safety certification achievements, and technology integrations that reinforce BRC's market leadership.
Key updates cover industrial labeling advancements, facility safety protocols, and international standards compliance. Bookmark this page for consolidated access to Brady's latest developments in workplace safety systems and precision identification solutions.
Brady (NYSE: BRC) has announced its 39th consecutive annual dividend increase. The Board of Directors approved a raise in the annual dividend from $0.94 to $0.96 per share for Class A Common Stock shareholders. A quarterly dividend of $0.24 per share will be paid on October 31, 2024, to shareholders of record as of October 10, 2024.
Brady , founded in 1914, is an international manufacturer and marketer of identification and protection solutions. The company serves diverse industries including electronics, telecommunications, manufacturing, and aerospace. Brady's fiscal 2023 sales were approximately $1.33 billion, and it employed about 5,600 people worldwide as of July 31, 2023.
Brady (NYSE: BRC) has announced its upcoming fiscal 2024 fourth quarter financial results release, scheduled for Friday, September 6, 2024. The company will host a conference call on the same day at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) to discuss the results. Investors and interested parties can access the webcast and presentation live and in replay through a link provided by Brady The call is being facilitated by Notified, ensuring wide accessibility for participants.
Brady (NYSE: BRC) has completed its acquisition of Gravotech Holding for EUR 120 million (approximately USD 130 million). Gravotech is a leader in specialized marking and engraving solutions, offering laser and mechanical engraving capabilities for direct part marking. This acquisition expands Brady's product offering and aligns with its market-leading position in product identification solutions and specialty adhesive materials.
For fiscal year 2025, Brady anticipates sales from Gravotech of EUR 116 million (approximately USD 125 million) and EBITDA of EUR 12 million (approximately USD 13 million), excluding integration-related costs. The acquisition is expected to enhance Brady's global footprint and generate long-term profitable growth.
Brady (NYSE: BRC) announced that Christopher Hix has joined its Board of Directors, effective May 24, 2024.
Mr. Hix brings 39 years of experience, having previously served as Chief Financial Officer at Enovis , OM Group, and Robbins & Myers.
Hix's extensive background includes significant roles in industrial and medical technology sectors, where he facilitated company growth and transformation.
Brady , a global manufacturer of identification and protection solutions, reported fiscal 2023 sales of approximately $1.33 billion and employs around 5,600 people worldwide.
Brady (NYSE: BRC) reported a 1.9% increase in sales for Q3 FY2024, reaching $343.4 million. Organic sales grew by 4.5%, offsetting a 0.3% decrease from foreign currency translation and a 2.3% decline due to divestitures.
EPS surged 9.4% to a record high of $1.05, and adjusted EPS excluding certain items rose 14.7% to $1.09. Net income for the quarter was $50.9 million, up from $48.1 million in the previous year. For the nine months ending April 30, 2024, sales reached $998.0 million, with a 1.2% increase.
The company updated its FY2024 EPS guidance to a range of $3.93 to $4.00 on a GAAP basis and $4.08 to $4.15 on a non-GAAP basis. Brady also repurchased 863,365 shares for $50.4 million and distributed $11.2 million in dividends. CEO Russell Shaller emphasized the impact of new product launches and ongoing investments in R&D.
Brady (NYSE: BRC) announced on May 20, 2024, that its Board of Directors has declared a dividend of $0.235 per share for its Class A Common Stock. The dividend will be payable on July 31, 2024, to shareholders on record as of July 10, 2024.
Brady , established in 1914 and headquartered in Milwaukee, Wisconsin, specializes in manufacturing and marketing solutions for safety and productivity. The company serves various sectors including electronics, telecommunications, manufacturing, and aerospace, and employs around 5,600 people globally. In fiscal 2023, Brady reported sales of approximately $1.33 billion.
Brady’s stock is listed on the New York Stock Exchange under the symbol BRC. Additional details are available at www.bradyid.com.
Brady (NYSE: BRC) will release its fiscal 2024 third-quarter financial results on May 22, 2024. A conference call will be held at 10:30 a.m. Eastern Time. Participants can access the webcast live and in replay.
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