Declared Dividend • 21h
Third quarter dividend of US$0.24 announced Shareholders will receive a dividend of US$0.24. Ex-date: 10th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 1.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annonce • May 21
Brady Corporation announces Quarterly dividend, payable on July 31, 2026 Brady Corporation announced Quarterly dividend of USD 0.2450 per share payable on July 31, 2026, ex-date on July 10, 2026 and record date on July 10, 2026. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. President, CEO & Director Russell Shaller was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 20
Third quarter 2026 earnings released: EPS: US$1.22 (vs US$1.10 in 3Q 2025) Third quarter 2026 results: EPS: US$1.22 (up from US$1.10 in 3Q 2025). Revenue: US$435.2m (up 14% from 3Q 2025). Net income: US$57.8m (up 11% from 3Q 2025). Profit margin: 13% (in line with 3Q 2025). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 19
Brady Corporation Adjusts Earnings Guidance for the Year Ending July 31, 2026 Brady Corporation adjusted earnings guidance for the year ending July 31, 2026. The Company adjusted its GAAP earnings per diluted Class A Nonvoting Common Share guidance for the year ending July 31, 2026 from $4.62 per share to $4.82 per share, to $4.66 per share to $4.76 per share. Annonce • May 14
Brady Corporation to Report Q3, 2026 Results on May 18, 2026 Brady Corporation announced that they will report Q3, 2026 results at 9:30 AM, US Eastern Standard Time on May 18, 2026 Annonce • Apr 21
Brady Corporation (NYSE:BRC) signed a definitive agreement to acquire Productivity Solutions and Services of Honeywell International Inc. (NasdaqGS : HON) for $1.4 billion. Brady Corporation (NYSE:BRC) signed a definitive agreement to acquire Productivity Solutions and Services of Honeywell International Inc. (NasdaqGS : HON) for $1.4 billion on April 20, 2026. A cash consideration of $1.4 billion will be paid by Brady Corporation. Brady expects to fund the transaction with cash on hand and new debt financing.
The transaction reflects TEV/EBITDA multiple of 8x. For the period ending December 31, 2025, Productivity Solutions and Services of Honeywell International Inc reported total revenue of $1.1 billion.
The transaction has been unanimously approved by the Boards of Directors of both companies, approval by regulatory board. The expected completion of the transaction in the second half of calendar year 2026. The transaction is expected to be double-digit accretive to adjusted diluted EPS within the first year following close.
Goldman Sachs & Co. LLC acted as financial advisor for Brady Corporation. Foley & Lardner LLP acted as legal advisor for Brady Corporation. Centerview Partners LLC acted as a financial advisor to Honeywell International. Kirkland & Ellis LLP acted as a legal advisor to Honeywell International. Baker & McKenzie LLP acted as a external legal advisor to Honeywell International. Womble Bond Dickinson acted as a external advisor to Honeywell International. Annonce • Feb 25
Brady Corporation Declares Regular Dividend, Payable on April 30, 2026 On February 24, 2026, Brady Corporation’s Board of Directors declared a dividend to shareholders of the company’s Class A Common Stock of $0.245 per share, payable on April 30, 2026, to shareholders of record at the close of business on April 9, 2026. Annonce • Feb 19
Brady Corporation Raises Earnings Guidance for the Year Ending July 31, 2026 Brady Corporation raised earnings guidance for the year ending July 31, 2026. for the year, the company raised the low end of its GAAP earningsper diluted Class A Nonvoting Common Share guidance for the year ending July 31, 2026 from $4.57 to $4.82 per share, to $4.62 to $4.82 per share. Annonce • Feb 11
Brady Corporation to Report Q2, 2026 Results on Feb 19, 2026 Brady Corporation announced that they will report Q2, 2026 results on Feb 19, 2026 Annonce • Nov 04
Brady Corporation to Report Q1, 2026 Results on Nov 17, 2025 Brady Corporation announced that they will report Q1, 2026 results on Nov 17, 2025 Annonce • Aug 27
Brady Corporation to Report Q4, 2025 Results on Sep 04, 2025 Brady Corporation announced that they will report Q4, 2025 results on Sep 04, 2025 Annonce • Aug 05
Brady Corporation (NYSE:BRC) acquired MECCO Partners, LLC. Brady Corporation (NYSE:BRC) acquired MECCO Partners, LLC on August 4, 2025. A cash consideration of $20 million will be paid by Brady Corporation. As part of consideration, $20 million is paid towards common equity of MECCO Partners, LLC. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2024, employed approximately 5,700 people in its worldwide businesses. Brady’s fiscal 2024 sales were approximately $1.34 billion.
Brady Corporation (NYSE:BRC) completed the acquisition of MECCO Partners, LLC on August 4, 2025. Annonce • May 18
Brady Corporation Updates Earnings Guidance for the Year Ending July 31, 2025 Brady Corporation updated earnings guidance for the year ending July 31, 2025. For the year, the Company’s GAAP earnings per diluted Class A Nonvoting Share was updated for facility closure and other reorganization costs incurred to date to $3.95 to $4.10 per share, from $3.99 to $4.24 per share. Annonce • May 16
Brady Corporation Declares Regular Dividend to Shareholders, Payable on July 31, 2025 On May 15, 2025, Brady Corporation’s Board of Directors declared a dividend to shareholders of the company’s Class A Common Stock of $0.24 per share, payable on July 31, 2025, to shareholders of record at the close of business on July 10, 2025. Annonce • May 08
Brady Corporation to Report Q3, 2025 Results on May 16, 2025 Brady Corporation announced that they will report Q3, 2025 results on May 16, 2025 Annonce • Feb 21
Brady Corporation Updates Earnings Guidance for the Fiscal Year Ending July 31, 2025 Brady Corporation updated earnings guidance for the fiscal year ending July 31, 2025. For the year, the company's GAAP earnings per diluted Class A Nonvoting Common Share was updated for facility closure and other reorganization costs incurred to date in the range of $3.99 to $4.24 per share against previous guidance range of $4.02 to $4.32 per share. Annonce • Feb 11
Brady Corporation to Report Q2, 2025 Results on Feb 21, 2025 Brady Corporation announced that they will report Q2, 2025 results on Feb 21, 2025 Annonce • Dec 05
Brady Corporation Declares Regular Dividend, Payable on January 31, 2025 At the Board of Directors meeting on December 3, 2024, Brady Corporation's board declared a dividend to shareholders of the Company's Class A Common Stock of $0.24 per share, payable on January 31, 2025, to shareholders of record at the close of business on January 10, 2025. Annonce • Nov 19
Brady Corporation Updates Earnings Guidance for the Fiscal Year Ending July 31, 2025 Brady Corporation updated earnings guidance for the fiscal year ending July 31, 2025. For the year, the Company’s GAAP earnings per diluted Class A Nonvoting Common Share guidance was updated for amortization and other acquisition-related charges to $4.02 to $4.32 per share. Annonce • Nov 07
Brady Corporation to Report Q1, 2025 Results on Nov 18, 2024 Brady Corporation announced that they will report Q1, 2025 results on Nov 18, 2024 Upcoming Dividend • Oct 03
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 10 October 2024. Payment date: 31 October 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.2%). Board Change • Oct 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Deidre Cusack was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 18
President recently sold €827k worth of stock On the 13th of September, Russell Shaller sold around 13k shares on-market at roughly €65.91 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Russell's only on-market trade for the last 12 months. Declared Dividend • Sep 16
Fourth quarter dividend of US$0.24 announced Shareholders will receive a dividend of US$0.24. Ex-date: 10th October 2024 Payment date: 31st October 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annonce • Sep 10
Brady Corporation Announces Director Changes On September 4, 2024, the Board of Directors of the Brady Corporation elected Deidre Cusack to join the Board of Directors, effective immediately. Ms. Cusack had been nominated for election to the Board of Directors through a process conducted by the Corporate Governance Committee of the Board of Directors. Ms. Cusack has been appointed to the Technology Committee of the Board of Directors. Ms. Cusack was Executive Vice President, Global Products & Solutions for Dematic Corporation from 2020 until her retirement in 2024. There are no actual or proposed transactions between Ms. Cusack or any of her related persons and the Company that would require disclosure under Item 404 (a) of Regulation S-K in connection with her appointment as a director of the Company. Reported Earnings • Sep 06
Full year 2024 earnings released: EPS: US$4.10 (vs US$3.51 in FY 2023) Full year 2024 results: EPS: US$4.10 (up from US$3.51 in FY 2023). Revenue: US$1.34b (flat on FY 2023). Net income: US$197.2m (up 13% from FY 2023). Profit margin: 15% (up from 13% in FY 2023). Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year. Annonce • Aug 27
Brady Corporation to Report Q4, 2024 Results on Sep 06, 2024 Brady Corporation announced that they will report Q4, 2024 results on Sep 06, 2024 Annonce • Aug 01
Brady Corporation (NYSE:BRC) acquired Gravotech Holding for €120 million. Brady Corporation (NYSE:BRC) acquired Gravotech Holding for €120 million on August 1, 2024.
Brady Corporation (NYSE:BRC) completed the acquisition of Gravotech Holding on August 1, 2024. Upcoming Dividend • Jul 05
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 10 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.9%). Annonce • May 25
Brady Corporation Appoints Christopher Hix to its Board of Directors Brady Corporation announced that Christopher Hix will join its Board of Directors, effective May 24, 2024. Mr. Hix joins the Brady Board of Directors after a 39-year career in public companies serving a broad range of global markets. From 2016 until his retirement in 2022, he served as Chief Financial Officer of Enovis Corporation. Mr. Hix was the Chief Financial Officer of OM Group Inc., from 2012 until the company’s acquisition in late 2015. He also served as the Chief Financial Officer of Robbins & Myers, from 2006 to 2011, during a period of significant expansion and business portfolio changes. Prior to that, Mr. Hix spent 14 years in a variety of operating, financial and strategic roles within Roper Industries. He served on the Board of Directors of ESAB Corporation, from 2021 through 2024. Mr. Hix received a Master of Business Administration from St. Mary’s College of California and a Bachelor of Science in Business Administration from the University of Southern California. Early in his career he earned his public accounting certification. Declared Dividend • May 24
Third quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 10th July 2024 Payment date: 31st July 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 1.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annonce • May 24
Brady Corporation Raises Earnings Guidance for the Fiscal 2024 Brady Corporation raised earnings guidance for the Fiscal 2024. For the period, the company raised its GAAP earnings per diluted Class A Nonvoting Common Share guidance for the year ending July 31, 2024 from the previous guidance range of $3.80 to $3.95 per share to the new full year guidance range of $3.93 to $4.00 per share. The Company raised its Diluted EPS Excluding Certain Items* guidance for the year ending July 31, 2024 from the previous range of $3.95 to $4.10 per share to the new full year guidance range of $4.08 to $4.15 per share. Reported Earnings • May 23
Third quarter 2024 earnings released: EPS: US$1.06 (vs US$0.97 in 3Q 2023) Third quarter 2024 results: EPS: US$1.06 (up from US$0.97 in 3Q 2023). Revenue: US$343.4m (up 1.9% from 3Q 2023). Net income: US$50.9m (up 5.9% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Annonce • May 22
Brady Corporation Declares Regular Dividend on Class A Common Stock, Payable on July 31, 2024 On May 20, 2024, Brady Corporation’s Board of Directors declared a dividend to shareholders of the company’s Class A Common Stock of $0.235 per share, payable on July 31, 2024, to shareholders of record at the close of business on July 10, 2024. Annonce • May 03
Brady Corporation to Report Q3, 2024 Results on May 22, 2024 Brady Corporation announced that they will report Q3, 2024 results on May 22, 2024 Upcoming Dividend • Apr 01
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 08 April 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.1%). Recent Insider Transactions • Mar 21
Independent Director recently sold €1.3m worth of stock On the 19th of March, Elizabeth Bruno sold around 23k shares on-market at roughly €53.84 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. Declared Dividend • Feb 25
Second quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 8th April 2024 Payment date: 30th April 2024 Dividend yield will be 1.6%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.3% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 23
Second quarter 2024 earnings released: EPS: US$0.90 (vs US$0.76 in 2Q 2023) Second quarter 2024 results: EPS: US$0.90 (up from US$0.76 in 2Q 2023). Revenue: US$322.6m (down 1.1% from 2Q 2023). Net income: US$43.6m (up 15% from 2Q 2023). Profit margin: 14% (up from 12% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jan 02
Upcoming dividend of US$0.23 per share at 1.6% yield Eligible shareholders must have bought the stock before 09 January 2024. Payment date: 31 January 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.3%). Reported Earnings • Nov 17
First quarter 2024 earnings released: EPS: US$0.97 (vs US$0.78 in 1Q 2023) First quarter 2024 results: EPS: US$0.97 (up from US$0.78 in 1Q 2023). Revenue: US$332.0m (up 2.9% from 1Q 2023). Net income: US$47.2m (up 22% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annonce • Nov 07
Brady Corporation to Report Q1, 2024 Results on Nov 16, 2023 Brady Corporation announced that they will report Q1, 2024 results on Nov 16, 2023 Annonce • Oct 22
Brady Corporation, Annual General Meeting, Nov 15, 2023 Brady Corporation, Annual General Meeting, Nov 15, 2023, at 09:00 Central Standard Time. Upcoming Dividend • Sep 29
Upcoming dividend of US$0.23 per share at 1.7% yield Eligible shareholders must have bought the stock before 06 October 2023. Payment date: 31 October 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%). Reported Earnings • Sep 06
Full year 2023 earnings released: EPS: US$3.53 (vs US$2.91 in FY 2022) Full year 2023 results: EPS: US$3.53 (up from US$2.91 in FY 2022). Revenue: US$1.33b (up 2.3% from FY 2022). Net income: US$174.9m (up 17% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • Aug 24
Brady Corporation to Report Q4, 2023 Results on Sep 05, 2023 Brady Corporation announced that they will report Q4, 2023 results on Sep 05, 2023 Upcoming Dividend • Jun 30
Upcoming dividend of US$0.23 per share at 1.9% yield Eligible shareholders must have bought the stock before 07 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.3%). Annonce • Jun 25
Brady Corporation(NYSE:BRC) dropped from Russell Small Cap Comp Growth Index Brady Corporation(NYSE:BRC) dropped from Russell Small Cap Comp Growth Index Annonce • May 19
Brady Corporation Revises Earnings Guidance for the Year Ending July 31, 2023 Brady Corporation revised earnings guidance for the Year Ending July 31, 2023. Earnings per diluted Class A Common share guidance was adjusted for the full year ending July 31, 2023 from the previous range of $3.23 to $3.43 to the new range of $3.32 to $3.47 on a GAAP basis. The company raised the low end of its Diluted EPS Excluding Certain Items guidance for the year ending July 31, 2023 from the previous range of $3.40 to $3.60 per share to the new full year guidance range of $3.45 to $3.60 per share. Annonce • May 18
Brady Corporation Declares Regular Dividend, Payable on July 31, 2023 On May 16, 2023, Brady Corporation’s Board of Directors declared a dividend to shareholders of the company's Class A Common Stock of $0.23 per share, payable on July 31, 2023, to shareholders of record at the close of business on July 10, 2023. Reported Earnings • May 18
Third quarter 2023 earnings released: EPS: US$0.97 (vs US$0.78 in 3Q 2022) Third quarter 2023 results: EPS: US$0.97 (up from US$0.78 in 3Q 2022). Revenue: US$337.1m (flat on 3Q 2022). Net income: US$48.1m (up 20% from 3Q 2022). Profit margin: 14% (up from 12% in 3Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 30
Upcoming dividend of US$0.23 per share at 1.8% yield Eligible shareholders must have bought the stock before 06 April 2023. Payment date: 28 April 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.4%). Reported Earnings • Feb 26
Second quarter 2023 earnings released: EPS: US$0.76 (vs US$0.65 in 2Q 2022) Second quarter 2023 results: EPS: US$0.76 (up from US$0.65 in 2Q 2022). Revenue: US$326.2m (up 2.6% from 2Q 2022). Net income: US$38.0m (up 12% from 2Q 2022). Profit margin: 12% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Annonce • Feb 14
Brady Corporation to Report Q2, 2023 Results on Feb 24, 2023 Brady Corporation announced that they will report Q2, 2023 results on Feb 24, 2023 Annonce • Feb 02
Brady Corporation Appoints Brett Wilms as President – EMEA & Australia Effective February 1, 2023, Brady Corporation appointed Brett Wilms to the role of President – EMEA & Australia. Mr. Wilms, age 48, previously served as the Managing Director of Identification Solutions EMEA since 2018, with added responsibility as the Interim General Manager of the Workplace Safety business since 2022. Prior to joining Brady Corporation, he was a Managing Director of a business within Groupe Autajon, a French publicly-traded labels and packaging group with a primary focus on the pharmaceutical market, from 2011 through 2018. Before joining Groupe Autajon, Mr. Wilms was Vice President of Operations EMEA for Pentair Inc. Upcoming Dividend • Jan 02
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 09 January 2023. Payment date: 31 January 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.0%). Reported Earnings • Nov 18
First quarter 2023 earnings released: EPS: US$0.79 (vs US$0.66 in 1Q 2022) First quarter 2023 results: EPS: US$0.79 (up from US$0.66 in 1Q 2022). Revenue: US$322.6m (flat on 1Q 2022). Net income: US$39.4m (up 15% from 1Q 2022). Profit margin: 12% (up from 11% in 1Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annonce • Nov 18
Brady Corporation Provides Earnings Guidance for the Year Ending July 31, 2023 The Brady Corporation's GAAP earnings per diluted Class A Nonvoting Common Share guidance for the year ending July 31, 2023 remains unchanged at $3.13 to $3.43 per share, and the Company’s Diluted EPS Excluding Certain Items guidance for the year ending July 31, 2023 also remains unchanged at $3.30 to $3.60 per share. Annonce • Nov 17
Brady Corporation Declares Dividend, Payable on January 31, 2023 The Board of Brady Corporation declared a dividend to shareholders of the Company's Class A Common Stock of $0.23 per share, payable on January 31, 2023, to shareholders of record at the close of business on January 10, 2023. Annonce • Nov 08
Brady Corporation to Report Q1, 2023 Results on Nov 17, 2022 Brady Corporation announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Nov 17, 2022 Annonce • Oct 14
Brady Corporation, Annual General Meeting, Nov 16, 2022 Brady Corporation, Annual General Meeting, Nov 16, 2022, at 09:00 Central Standard Time. Upcoming Dividend • Sep 29
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 06 October 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.5%). Lower than average of industry peers (4.9%). Reported Earnings • Sep 02
Full year 2022 earnings released: EPS: US$2.92 (vs US$2.48 in FY 2021) Full year 2022 results: EPS: US$2.92 (up from US$2.48 in FY 2021). Revenue: US$1.30b (up 14% from FY 2021). Net income: US$150.0m (up 16% from FY 2021). Profit margin: 12% (in line with FY 2021). Over the next year, revenue is forecast to grow 2.6%, compared to a 4.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Annonce • Sep 02
Brady Corporation Provides Earnings Guidance for the Fiscal Ending July 31, 2023 Brady Corporation provided earnings guidance for the fiscal ending July 31, 2023. For the period, the company expects GAAP earnings per diluted Class A Nonvoting Common Share to range from $3.13 to $3.43, which would be an increase of 7.9% to 18.3% over the GAAP earnings per diluted Class A nonvoting Common Share of $2.90 for the year ended July 31, 2022. Annonce • Sep 01
Brady Corporation Announces Quarterly Dividend, Payable on October 28, 2022 On August 30, 2022, Brady Corporation’s Board of Directors approved an increase in the annual dividend to shareholders of the company’s Class A Common Stock from $0.90 per share to $0.92 per share. A quarterly dividend to shareholders of the Company’s Class A Common Stock of $0.23 per share will be paid on October 28, 2022, to shareholders of record at the close of business on October 7, 2022. Annonce • Aug 20
Brady Corporation to Report Q4, 2022 Results on Sep 01, 2022 Brady Corporation announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Sep 01, 2022 Annonce • Aug 06
Brady Corporation Appoints Olivier Bojarski as President of Its Identification Solutions Business Brady Corporation announced the appointment of Olivier Bojarski to the position of President – Identification Solutions, effective August 25, 2022. Mr. Bojarski will report to Brady’s President and Chief Executive Officer Russell Shaller, and will lead the Company’s global division with fiscal 2021 net sales of approximately $841.5 million. Mr. Bojarski joins Brady from Belden Incorporated, where he served as Executive Vice President of the Broadband and 5G business with global responsibility for connectivity and cable solutions sold into the wireline and wireless broadband markets. During his time at Belden, he also held the roles of President for Thinklogical, a provider of high-performance switches for commercial and military applications, as well as Vice President and General Manager for the EMEA Smart Buildings business with responsibility for networking solutions into datacenters, commercial buildings and the contractor market. Prior to joining Belden in 2016, he was General Manager of a business unit consisting of three global infrastructure businesses within the electrification division of ABB Ltd. Prior to joining ABB Ltd., Mr. Bojarski held a number of positions of increasing responsibility at Panduit Corporation. Mr. Bojarski holds a bachelor’s degree in electrical engineering from the Georgia Institute of Technology and a master’s degree in business administration from Georgia State University. Upcoming Dividend • Jun 30
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 07 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.7%). Reported Earnings • May 27
Third quarter 2022 earnings released: EPS: US$0.78 (vs US$0.72 in 3Q 2021) Third quarter 2022 results: EPS: US$0.78 (up from US$0.72 in 3Q 2021). Revenue: US$338.6m (up 15% from 3Q 2021). Net income: US$40.1m (up 7.4% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Over the next year, revenue is forecast to grow 5.0%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year. Annonce • May 27
Brady Corporation Declares Quarterly Dividend on its Class A Common Stock, Payable on July 29, 2022 Brady Corporation announced that on May 24, 2022, its Board of Directors declared a quarterly dividend to shareholders of the company's Class A Common Stock of $0.225 per share, payable on July 29, 2022, to shareholders of record at the close of business on July 8, 2022. Annonce • May 05
Brady Corporation to Report Q3, 2022 Results on May 26, 2022 Brady Corporation announced that they will report Q3, 2022 results on May 26, 2022 Annonce • Apr 08
Brady Corporation Announces Resignation of Helena R. Nelligan Brady Corporation announced that on April 5, 2022, Helena R. Nelligan, Senior V.P. - Human Resources of Brady Corporation, informed the Company of her intent to retire effective April 8, 2022. Ms. Nelligan will continue to be an employee of the Company through September 30, 2022, serving in the role of Special Advisor to the V.P. of Human Resources, pursuant to the terms of a Complete and Permanent Release and Resignation Agreement, dated April 5, 2022. Ms. Nelligan will continue to receive her salary and fringe benefits through the term of the Agreement. Upcoming Dividend • Mar 31
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 07 April 2022. Payment date: 29 April 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.7%). Lower than average of industry peers (2.5%). Recent Insider Transactions • Mar 23
Insider recently bought €397k worth of stock On the 15th of March, Russell Shaller bought around 10k shares on-market at roughly €39.73 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €350k more in shares than they have sold in the last 12 months. Annonce • Feb 24
Brady Corporation Appoints Joanne Collins Smee and Vineet Nargolwala its Board of Directors Brady Corporation announced that Joanne Collins Smee and Vineet Nargolwala will join its Board of Directors, effective February 22, 2022. Ms. Collins Smee is Chief Commercial, Small and Medium Businesses & Channels Officer at Xerox Holdings Corporation. Prior to Xerox, she spent more than 27 years at IBM in a variety of leadership roles, most recently as General Manager, Client Service Delivery, Global Business Consulting Services. Ms. Collins Smee also served as the leader of the Technology Transformation Team for the General Services Administration of the U.S. Federal Government, where she led technology and process design teams with the primary mission to transform the way federal government agencies build, buy and use technology. Mr. Vineet Nargolwala is Executive Vice President, Sensing Solutions for Sensata Technologies, a leading industrial technology company that develops sensors, sensor-based solutions, including controllers and software, and other mission-critical products to create valuable business insights for customers and end users. He has been with Sensata Technologies since 2013 in senior executive roles serving a broad spectrum of automotive and industrial markets. Prior to Sensata Technologies, he spent nearly 10 years at Honeywell International Inc. in a variety of leadership roles. Ms. Collins Smee has been appointed to the Technology Committee of the Board of Directors, and Mr. Nargolwala has been appointed to the Finance Committee of the Board of Directors. Reported Earnings • Feb 18
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: US$0.33 (down from US$0.59 in 2Q 2021). Revenue: US$318.1m (up 20% from 2Q 2021). Net income: US$33.8m (up 9.6% from 2Q 2021). Profit margin: 11% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 5.5%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year. Annonce • Feb 18
Brady Corporation Updates Earnings Guidance for the Full Year Ending July 31, 2022 Brady Corporation updated earnings guidance for the full year ending July 31, 2022. For the year, The company modifying its Diluted EPS Excluding Amortization guidance from its original range of $3.12 to $3.32 per share to a range of $3.00 to $3.15 for the full year ending July 31, 2022, which includes a reduction of $0.05 due to the strengthening of the U.S. dollar versus other major currencies. Annonce • Feb 17
Brady Corporation Declares Quarterly Dividend, Payable on April 29, 2022 On February 15, 2022, Brady Corporation’s Board of Directors declared a quarterly dividend to shareholders of the company's Class A Common Stock of $0.225 per share, payable on April 29, 2022, to shareholders of record at the close of business on April 8, 2022. Upcoming Dividend • Dec 31
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 07 January 2022. Payment date: 31 January 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.2%). Reported Earnings • Nov 19
First quarter 2022 earnings released: EPS US$0.67 (vs US$0.63 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: US$321.5m (up 16% from 1Q 2021). Net income: US$35.0m (up 7.3% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 30
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 07 October 2021. Payment date: 29 October 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.2%). Reported Earnings • Sep 05
Full year 2021 earnings released: EPS US$2.48 (vs US$2.11 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$1.14b (up 5.9% from FY 2020). Net income: US$128.8m (up 16% from FY 2020). Profit margin: 11% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Annonce • Sep 03
Brady Corporation Provides Earnings Guidance for the Year Ending July 31, 2022 Brady Corporation provided earnings guidance for the year ending July 31, 2022. Brady expects earnings per diluted Class A Nonvoting Common Share, excluding after-tax amortization expense to range from $3.12 to $3.32 for the year ending July 31, 2022. Brady also expects GAAP earnings per diluted Class A Nonvoting Common Share to range from $2.90 to $3.10, which would be an increase of 17.4% to 25.5% over the GAAP earnings per diluted Class A Nonvoting Common Share of $2.47 for the year ended July 31, 2021. Included in earnings-per-share guidance is an $8.1 million increase in amortization expense from $7.1 million in fiscal 2021 to $15.2 million for the year ending July 31, 2022, which equates to an after-tax year-over-year increase of approximately $0.12 per share. Executive Departure • Jul 23
Independent Director Gary Balkema has left the company On the 20th of July, Gary Balkema's tenure as Independent Director ended after 11.0 years in the role. As of March 2021, Gary still personally held 13.30k shares (€612k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.46 years. Upcoming Dividend • Jul 01
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 08 July 2021. Payment date: 30 July 2021. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.3%). Annonce • Jun 19
Brady Corporation (NYSE:BRC) acquired The Code Corporation for approximately $180 million. Brady Corporation (NYSE:BRC) acquired The Code Corporation for approximately $180 million on June 16, 2021. The purchase price is inclusive of The Code Corporation's working capital in the amount of $4.52 million and is subject to a working capital adjustment and escrow provisions. The transaction will be funded with cash on hand as well as with borrowings on its existing revolving line of credit. Brady anticipates EBITDA from Code of approximately $10 million for the first full fiscal year ending July 31, 2022, inclusive of integration-related costs. The transaction is subject to antitrust regulations. Michael R. Miller and John Gilson from Moore & Van Allen PLLC served as a legal advisor for The Code Corporation. Eric Lenzen from Husch Blackwell LLP served as a legal advisor for Brady Worldwide, Inc.
Brady Corporation (NYSE:BRC) completed the acquisition of The Code Corporation on June 16, 2021. Executive Departure • May 28
Independent Chairman of the Board Conrad Goodkind has left the company On the 21st of May, Conrad Goodkind's tenure as Independent Chairman of the Board ended after 13.7 years in the role. As of March 2021, Conrad personally held 66.42k shares (€2.7m worth at the time). Conrad is the only executive to leave the company over the last 12 months. Annonce • May 22
Brady Corporation (NYSE:BRC) acquired Magicard Ltd for approximately GBP 42 million. Brady Corporation (NYSE:BRC) acquired Magicard Ltd for approximately GBP 42 million on May 21, 2021. Brady Corporation will fund the transaction with cash held outside the United States. Brady expects this acquisition to be slightly accretive to earnings per diluted share for the remainder of the fiscal year ending July 31, 2021.
Brady Corporation (NYSE:BRC) completed the acquisition of Magicard Ltd on May 21, 2021.