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) 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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