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 reports developments tied to its identification solutions and workplace safety products business. The company manufactures and markets products that identify and protect people, products and places, including high-performance labels, signs, safety devices, printing systems and software for customers in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and other industries.
Recurring news for BRC includes quarterly operating results, sales trends from organic activity, acquisitions and currency translation, earnings guidance, cash flow commentary, regular dividends on common stock, annual meeting director elections and scheduled earnings conference calls.
Brady (NYSE: BRC) has scheduled its fiscal 2025 second quarter financial results announcement for Friday, February 21, 2025. The company will host a conference call at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) on the same day. Investors and interested parties can access both the live webcast and replay of the presentation through the company's platform, with technical support provided by Notified.
Brady (NYSE: BRC) announced the unanimous election of ten directors to its Board for one-year terms at the annual shareholders meeting. The Board includes experienced executives from various industries, including the company's CEO Russell R. Shaller.
The Board declared a dividend of $0.24 per share for Class A Common Stock shareholders, payable on January 31, 2025, to shareholders of record as of January 10, 2025.
Brady , founded in 1914, is an international manufacturer of identification and protection solutions, serving diverse industries including electronics, telecommunications, and medical sectors. The company reported fiscal 2024 sales of $1.34 billion and employs approximately 5,700 people worldwide.
Brady (BRC) reported strong Q1 fiscal 2025 results with sales increasing 13.6% to $377.1 million, driven by 3.6% organic growth, 8.8% from acquisitions net of divestitures, and 1.2% from foreign currency. Regional sales grew 10.7% in Americas & Asia and 19.3% in Europe & Australia. Adjusted Diluted EPS rose 12.0% to $1.12, while reported diluted EPS remained flat at $0.97. The company completed the Gravotech acquisition and maintained its fiscal 2025 Adjusted EPS guidance of $4.40-$4.70. Despite $140.6 million in acquisition investments, Brady maintained a strong net cash position of $29.0 million.
Brady (NYSE: BRC) has scheduled its fiscal 2025 first quarter financial results announcement for Monday, November 18, 2024. The company will host a conference call at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) on the same day. The event will be accessible via webcast, with both live and replay options available through Notified's platform.
Brady (NYSE:BRC) has announced the appointment of Deidre (Dee) Cusack to its Board of Directors, effective September 4, 2024. Cusack brings extensive experience from her previous roles, including Executive Vice President at Dematic and leadership positions at ABB. She holds advanced degrees in Electrical Engineering and Optics.
Brady's leadership expressed enthusiasm about Cusack's addition, highlighting her expertise in technology and innovation. The company, an international manufacturer of identification and protection solutions, reported fiscal 2024 sales of approximately $1.34 billion and employs about 5,700 people globally. This strategic appointment aligns with Brady's commitment to driving growth through innovation and technological advancements.
Brady (NYSE: BRC) reported record EPS in its fiscal 2024 fourth quarter. Diluted EPS increased 15.0% to $1.15, while Diluted EPS Excluding Certain Items rose 14.4% to $1.19. The company's gross profit margin improved to 51.6%, and net cash from operating activities reached a record $255.1 million. Brady's Board authorized an additional $100 million for share repurchases. For fiscal 2025, the company projects Diluted EPS between $4.15 and $4.45 on a GAAP basis, and $4.40 to $4.70 on a non-GAAP basis. Despite a slight 0.7% decrease in Q4 sales, Brady saw organic sales growth of 1.6% and increased income before taxes by 6.9% to $68.2 million.
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.