Brady (BRC)

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Brady (BRC) - 2024 Q4 - Annual Results
2024-09-06 11:06
EXHIBIT 99.1 For More Information: Investor contact: Ann Thornton 414-438-6887 Media contact: Kate Venne 414-358-5176 Brady Corporation Reports Record EPS in its Fiscal 2024 Fourth Quarter, Expands its Share Buyback Program and Announces its Fiscal 2025 EPS Guidance • Diluted EPS increased 15.0 percent to a record high of $1.15 in the fourth quarter of fiscal 2024 compared to $1.00 in the same quarter of the prior year. Diluted EPS Excluding Certain Items* increased 14.4 percent to a record high of $1.19 in ...
Brady Corporation Reports Record EPS in its Fiscal 2024 Fourth Quarter, Expands its Share Buyback Program and Announces its Fiscal 2025 EPS Guidance
GlobeNewswire News Room· 2024-09-06 11:00
Diluted EPS increased 15.0 percent to a record high of $1.15 in the fourth quarter of fiscal 2024 compared to $1.00 in the same quarter of the prior year. Diluted EPS Excluding Certain Items* increased 14.4 percent to a record high of $1.19 in the fourth quarter of fiscal 2024 compared to $1.04 in the same quarter of the prior year. Gross profit margin increased to 51.6 percent in the fourth quarter of fiscal 2024 compared to 50.8 percent in the same quarter of the prior year. Net cash provided by operating ...
Brady Corporation increases its dividend to shareholders for the 39th consecutive year
GlobeNewswire News Room· 2024-09-05 21:10
MILWAUKEE, Sept. 05, 2024 (GLOBE NEWSWIRE) -- On September 4, 2024, Brady Corporation's (NYSE: BRC) Board of Directors approved an increase in the annual dividend to shareholders of the Company's Class A Common Stock from $0.94 per share to $0.96 per share. A quarterly dividend to shareholders of the Company's Class A Common Stock of $0.24 per share will be paid on October 31, 2024, to shareholders of record at the close of business on October 10, 2024. This dividend represents the 39th consecutive annual i ...
Hormel Foods Announces Retirement of Deanna Brady, Executive Vice President, Retail, after 28 Years of Distinguished Leadership
Prnewswire· 2024-08-19 20:30
John Ghingo, former president of Applegate, rejoining the company as her successor AUSTIN, Minn., Aug. 19, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announces the retirement of Deanna Brady, executive vice president, Retail, at the end of the fiscal year on Oct. 27, 2024. During nearly three decades of distinguished service to Hormel Foods, she successfully led teams across both the foodservice and retail lines of business and served as a key ...
Brady Corporation Completes Acquisition of Gravotech Holding
Newsfilter· 2024-08-01 11:00
Core Viewpoint - Brady Corporation has completed the acquisition of Gravotech Holding for EUR 120 million (approximately USD 130 million), enhancing its capabilities in specialized marking and engraving solutions [1][2]. Company Overview - Brady Corporation is an international manufacturer and marketer of solutions that identify and protect people, products, and places, with a diverse customer base across various industries [3]. - As of July 31, 2023, Brady employed approximately 5,600 people and reported fiscal 2023 sales of approximately USD 1.33 billion [3]. Acquisition Details - The acquisition of Gravotech is expected to expand Brady's product offerings into precision direct part marking and engraving, aligning with its market position in product identification solutions [2]. - Brady anticipates sales from Gravotech of EUR 116 million (approximately USD 125 million) and EBITDA of EUR 12 million (approximately USD 13 million) in fiscal year 2025, excluding integration-related costs [2]. Strategic Intent - The acquisition allows Brady to leverage its global footprint to expand Gravotech's addressable market across Europe, Asia, and the Americas [2]. - Gravotech's leadership expressed optimism about the acquisition, highlighting opportunities for long-term profitable growth and market expansion [2].
What Makes Brady (BRC) a Good Fit for 'Trend Investing'
ZACKS· 2024-07-15 13:53
Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in stock prices for short-term investing, highlighting that while trends can be profitable, ensuring their longevity is challenging [1][2]. Group 1: Stock Performance - Brady (BRC) has shown a solid price increase of 11.9% over the past 12 weeks, indicating strong investor interest [4]. - The stock has maintained a price increase of 0.3% over the last four weeks, suggesting that the upward trend is still intact [5]. - BRC is currently trading at 85.4% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - BRC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors seeking stocks with strong upward trends supported by solid fundamentals [3]. - The article suggests that there are multiple stocks passing through the "Recent Price Strength" screen, indicating potential investment opportunities [8].
Stop worrying about the pennies as gold and silver consolidate, focus on the bigger trend, says analyst David Brady
KITCO· 2024-07-10 18:12
Neils Christensen Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_c Share Disclaimer: The views expres ...
Here's Why 'Trend' Investors Would Love Betting on Brady (BRC)
ZACKS· 2024-06-27 13:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...
Blackrock Silver Announces Drilling Returns to Tonopah West
Newsfile· 2024-06-18 10:00
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2024) - Blackrock Silver Corp. (TSXV: BRC) ("Blackrock" or the "Company") is pleased to announce the return of drills to the Company's Tonopah West ("Tonopah West") project located immediately adjacent to Tonopah, Nevada, United States within the Walker Lane gold and silver mineral trend. Blackrock has commenced the preparation of drill sites on Tonopah West for a 20,000-metre, fully-funded drill program set to commence in July 2024. The Tonopah West d ...
Brady (BRC) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2024-06-10 13:50
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. BRC is quite a good fit in this regard, gaining 13.6% over this period. Looking at the fundamentals, the stock currently carries a Zac ...