BRADY CORPORATION (NYSE:BRC) Files An 8-K Results of Operations and Financial Condition
Item 2.02
Home SEC Filings BRADY CORPORATION (NYSE:BRC) Files An 8-K Results of Operations and Financial Condition
On September 6, 2019, Brady Corporation (the “Company”) issued a press release announcing its fiscal 2019 fourth quarter financial results. A copy of the press release is being furnished to the Securities and Exchange Commission as Exhibit 99.1 attached hereto and is incorporated herein by reference.
On September 6, 2019, the Company hosted a conference call related to its fiscal 2019 fourth quarter financial results. A copy of the slides referenced in the conference call, which is also posted on the Company\’s website, is being furnished to the Securities and Exchange Commission as Exhibit 99.3 attached hereto and is incorporated herein by reference.
Increase in Annual Dividend
On September 4, 2019, the Company\’s Board of Directors approved an increase in the annual cash dividend on its Class A Common Stock from $0.85 to $0.87 per share. A quarterly dividend in the amount of $0.2175 per share will be paid on October 31, 2019, to shareholders of record as of the close of business on October 10, 2019. A copy of the press release regarding the dividend is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
>(d) Exhibits
BRADY CORP Exhibit
EX-99.1 2 exhibit991-financialsx2019.htm FOURTH QUARTER FISCAL 2019 PRESS RELEASE Exhibit EXHIBIT 99.1For More Information:Investor contact: Ann Thornton 414-438-6887Media contact: Kate Venne 414-358-5176Brady Corporation Reports Fiscal 2019 Fourth Quarter Results and Announces its Fiscal 2020 EPS Guidance•Income before income taxes was $47.1 million in the fourth quarter of fiscal 2019 compared to $45.2 million in the fourth quarter of fiscal 2018. Income before income taxes in the fourth quarter of fiscal 2018 included a gain on the sale of the Runelandhs business of $4.7 million. •Diluted EPS was $0.68 in the fourth quarter of fiscal 2019 compared to $0.66 in the same quarter of the prior year. The sale of the Runelandhs business contributed approximately $0.09 per diluted Class A Nonvoting Common Share in the fourth quarter of fiscal 2018. •Sales for the quarter ended July 31,…
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EX-99.1 2 exhibit991-financialsx2019.htm FOURTH QUARTER FISCAL 2019 PRESS RELEASE Exhibit EXHIBIT 99.1For More Information:Investor contact: Ann Thornton 414-438-6887Media contact: Kate Venne 414-358-5176Brady Corporation Reports Fiscal 2019 Fourth Quarter Results and Announces its Fiscal 2020 EPS Guidance•Income before income taxes was $47.1 million in the fourth quarter of fiscal 2019 compared to $45.2 million in the fourth quarter of fiscal 2018. Income before income taxes in the fourth quarter of fiscal 2018 included a gain on the sale of the Runelandhs business of $4.7 million. •Diluted EPS was $0.68 in the fourth quarter of fiscal 2019 compared to $0.66 in the same quarter of the prior year. The sale of the Runelandhs business contributed approximately $0.09 per diluted Class A Nonvoting Common Share in the fourth quarter of fiscal 2018. •Sales for the quarter ended July 31,…
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hereAbout BRADY CORPORATION (NYSE:BRC)
Brady Corporation is a manufacturer and supplier of identification solutions and workplace safety products that identify and protect premises, products and people. The Company has two segments: Identification Solutions (IDS) and Workplace Safety (WPS). The IDS segment includes identification and healthcare products, and the WPS segment includes workplace safety and compliance products. The IDS segment offers products that are manufactured under various brands, including the Brady brand, and are primarily sold through distribution to a range of maintenance, repair and operations (MRO) and original equipment manufacturing (OEM) customers, and through other channels. The WPS segment offers a range of product categories, such as safety and compliance signs, tags, and labels; informational and architectural signage; industrial warehouse and office equipment, and labor law compliance posters. Its brands include Electromark, Identicard, PromoVision, Scafftag, Seton and Emedco.
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