Every 8-K that Brady Corporation (BRC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BRC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BRC filings page.
Brady Corporation completed its acquisition of Honeywell International Inc.’s Productivity Solutions and Services business on August 3, 2026, for total consideration of $1,370 million, net of cash transferred. The acquired business reported net sales of $566 million and net income of $26 million for the six months ended June 27, 2026, compared with $557 million and $61 million, respectively, for the six months ended June 28, 2025. Net cash provided by operating activities was $73 million, versus $21 million.
For 2025, the business reported net sales of $1,147 million and net income of $105 million, compared with $1,202 million and $167 million in 2024. Its financial statements were derived from Honeywell’s historical records and include allocated corporate costs; the auditor noted these allocations may not reflect expenses had the business operated independently. The unaudited pro forma information is illustrative only and does not purport to represent actual results or financial condition had the acquisition occurred on the relevant date, or to project future results.
Brady Corporation (BRC) reported strong fiscal 2026 results with record adjusted earnings and announced a modest dividend increase. Net sales for the year ended July 31, 2026 were $1.66 billion, up 9.8% from 2025, driven by 5.3% organic growth and contributions from acquisitions and currency.
Fiscal 2026 net income rose to $205.4 million, an 8.5% increase, while Adjusted Net Income* reached $252.6 million, up 14.2%. GAAP diluted EPS was $4.30 versus $3.94, and Adjusted Diluted EPS* hit a record $5.29, up 15.0%. Operating cash flow improved nearly 35% to $244.1 million, and Brady returned $88.3 million to shareholders via dividends and buybacks.
In the fourth quarter, sales grew 10.0% to $436.9 million, with organic growth of 8.4%, but GAAP diluted EPS declined to $0.96 from $1.04 due to acquisition and integration costs, even as Adjusted Diluted EPS* rose 17.5% to $1.48. Brady completed the acquisition of Honeywell Technologies’ Productivity Solutions and Services business (now the IPS segment) on August 3, 2026.
For fiscal 2027, Brady guides Adjusted Diluted EPS* to $6.25–$6.75, implying 18.1–27.6% growth, including about $0.80 of accretion from IPS and expected IPS revenue of approximately $1.15 billion. The annual cash dividend on Class A Common Stock was increased from $0.98 to $1.00 per share, with a quarterly dividend of $0.25 payable on October 30, 2026.
Brady Corporation has closed its previously announced acquisition of Honeywell’s Productivity Solutions and Services business for an all-cash $1.4 billion, funded with cash on hand and new borrowings, including approximately $800 million under its existing $1.0 billion Credit Agreement and approximately $800 million of Senior Notes issued under a Note Purchase Agreement. PSS generated about $1.1 billion of sales in 2025 and expands Brady’s reach into a $9 billion productivity solutions market. The combined company will report two segments: Identification Solutions and Intelligent Productivity Solutions.
The acquisition is described as transformational, with PSS expected to contribute roughly $0.80 of incremental Adjusted Diluted EPS within the first year and at least $25 million in annual run-rate cost synergies within three years. Brady expects strong cash generation to support deleveraging from an estimated net debt-to-EBITDA of about 2.5x to below 2.0x within two years. Covenants under the Note Purchase Agreement include a maximum consolidated net leverage ratio of 3.50x, temporarily up to 4.00x after closing, and minimum consolidated interest coverage of 3.00x.
Brady Corporation entered into a new $1.0 billion Credit Agreement to support its pending acquisition of Honeywell’s Productivity Solutions and Services business. The facilities include a $500 million term loan and a $500 million revolving credit facility maturing on June 12, 2031.
Brady exchanged €13.0 million of existing revolving loans into the new structure and repaid all other obligations under its prior 2019 credit agreement. The new financing allows multi-currency borrowing, includes $100 million sublimits for letters of credit and swing line loans, and carries financial covenants on leverage and interest coverage.
Brady Corporation announced a planned CEO transition. Russell R. Shaller retired as President and Chief Executive Officer and resigned from the Board effective June 8, 2026, while remaining as a paid consultant through August 1, 2026 to support the handover.
The company appointed current director Vineet Nargolwala as President and CEO effective June 8, 2026. His offer letter includes a $1,000,000 annual base salary, a target annual cash incentive equal to 125% of salary for fiscal 2026, and an annual stock incentive award valued at $6,400,000, with $3,200,000 in time-based restricted stock units vesting over three years.
Nargolwala must build a personal shareholding equal to five times his base salary within five years and may receive up to $2,000,000 in matching restricted stock units if he buys Brady shares within 180 days of June 8, 2026. He is also entitled to severance of two times base salary and target bonus if terminated without Cause or he resigns for Good Reason, and additional protections under a Change of Control Agreement. The company highlights his prior CEO experience and deep involvement in Brady’s pending acquisition of Honeywell’s Productivity Solutions and Services business.
Brady Corporation reported strong third-quarter fiscal 2026 results with record adjusted earnings per share and raised full-year guidance. Sales for the quarter ended April 30, 2026 rose 13.8% to $435.2 million from $382.6 million, driven by 8.2% organic growth, 2.1% from acquisitions and 3.5% from foreign currency.
Net income increased to $57.8 million and diluted EPS rose to $1.21 from $1.09, while adjusted diluted EPS grew 23.0% to $1.50. Operating cash flow improved to $78.2 million from $59.9 million, and the company held a net cash position of $148.6 million as of April 30, 2026.
For the full fiscal year ending July 31, 2026, Brady increased its adjusted diluted EPS guidance to a range of $5.20–$5.30 and modestly raised GAAP EPS guidance. The company also signed a definitive agreement to acquire Honeywell’s Productivity Solutions and Services business, expected to close in the second half of calendar 2026, subject to regulatory approvals and customary conditions.
Brady Corporation reported that directors Deidre E. Cusack and Anne De Greef-Safft have resigned from its Board of Directors. Both notified the company of their resignations on May 6, 2026, and their departures are effective May 8, 2026.
Ms. Cusack served on the Board’s Technology Committee, while Ms. De Greef-Safft served on the Audit Committee. The filing does not describe any financial impact but signals upcoming changes in Brady’s board and committee composition.
Brady Corporation agreed to acquire Honeywell’s Productivity Solutions and Services (PSS) business for $1.4 billion in cash. PSS provides mobile computers, barcode scanners, printing and software, generated about $1.1 billion of 2025 sales, and has roughly 3,000 employees worldwide.
The deal, valued at about 8x PSS’s EBITDA for the twelve months ended December 31, 2025, is expected to be immediately double-digit accretive to Brady’s adjusted diluted EPS. Brady targets at least $25 million in annual run-rate cost synergies within three years and additional revenue synergies from cross-selling.
Brady will fund the purchase with cash and new debt, backed by a $1.8 billion bridge commitment from BMO Capital Markets, implying net debt-to-EBITDA of about 2.5x after closing, with a goal to delever below 2.0x within two years. Closing is expected in the second half of 2026, subject to regulatory and other customary conditions, and Honeywell will be restricted from competing with the PSS business for four years after closing.
Brady Corporation reported that Christopher M. Hix has informed the company of his intent to leave its Board of Directors, effective March 31, 2026. Hix currently serves on the Board’s Audit Committee, so his departure will require changes in board and committee composition and oversight responsibilities.
Brady Corporation reported strong fiscal 2026 second quarter results with higher sales, earnings, cash flow and raised guidance. Quarterly sales rose 7.7% to $384.1 million, driven by 1.6% organic growth, 2.3% from acquisitions and 3.8% from foreign currency. Net income increased to $48.1 million from $40.3 million, and diluted EPS grew 21.7% to $1.01 from $0.83. Adjusted diluted EPS climbed 9.0% to $1.09.
For the first six months, sales rose 7.6% to $789.4 million, with net income of $102.0 million and diluted EPS of $2.14. Operating cash flow improved to $53.3 million in the quarter and $86.7 million year-to-date, and Brady ended January 31, 2026 with $176.5 million in cash and $78.7 million of long-term debt.
The company raised the low end of its fiscal 2026 GAAP EPS outlook to a range of $4.62–$4.82 and its adjusted diluted EPS guidance to $4.95–$5.15, assuming low single-digit organic growth and a roughly 21% tax rate.
Brady Corporation reported results of its latest annual shareholders’ meeting and a new dividend declaration. On December 3, 2025, holders of all 3,538,628 shares of Class B Common Stock unanimously elected 11 directors, including Patrick W. Allender, Elizabeth P. Bruno, Russell R. Shaller, and others, to serve until the next annual meeting and until their successors are elected.
Separately, on December 2, 2025, the Board of Directors declared a quarterly cash dividend of $0.245 per share on both Class A and Class B Common Stock, payable on January 30, 2026 to shareholders of record as of January 9, 2026. The company issued a press release on December 3, 2025 detailing the director elections and the dividend.
Brady Corporation reported that it has released its fiscal 2026 first quarter financial results. On November 17, 2025, the company issued a press release detailing these results, which is furnished as Exhibit 99.1. On the same day, Brady hosted a conference call to discuss the fiscal 2026 first quarter performance, and the slide presentation used on the call is furnished as Exhibit 99.2. Both exhibits are incorporated by reference, giving investors access to the full earnings details and management’s commentary.
Brady Corporation entered into a Change of Control Agreement with Andrew T. Gorman, its General Counsel and Secretary, replacing his prior April 6, 2020 agreement. The new agreement, approved by the Management Development and Compensation Committee, aligns Mr. Gorman’s severance arrangements with those of other named executive officers. It provides that if Mr. Gorman experiences a qualifying termination within 24 months after a change of control, he would receive two times his annual base salary and two times his target bonus. The filing notes the written agreement is filed as Exhibit 10.1 and the summary here is qualified by that document.
Brady Corporation filed an update covering its fiscal 2025 fourth quarter communications and a small dividend increase. The company issued a press release announcing its fiscal 2025 fourth quarter financial results and held a related conference call, with the press release and presentation slides furnished as exhibits and posted on its website.
The Board of Directors approved an increase in the annual cash dividend on Class A Common Stock from $0.96 to $0.98 per share. Based on this new rate, a quarterly dividend of $0.245 per share will be paid on October 31, 2025 to shareholders of record as of the close of business on October 10, 2025.