Company Overview - Regal Rexnord Corporation operates in three segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control [4] - The company is headquartered in Milwaukee, Wisconsin, and has manufacturing, sales, and service facilities worldwide [4] - Regal Rexnord employs approximately 30,000 associates globally, focusing on sustainable solutions that power, transmit, and control motion [2] Financial Information - Regal Rexnord plans to release its second quarter 2024 financial results after the market closes on July 31, 2024 [3] - A conference call to discuss the earnings release is scheduled for August 1, 2024, at 9:00 am CT (10:00 am ET) [1] Market Demand - The company's end markets are supported by significant secular demand tailwinds, including sectors such as factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture [6]

Regal Rexnord Corporation (NYSE:RRX) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Conference Call Participants Operator Good day and welcome to the Regal Rexnord First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Rob Barry, Vi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-07283 REGAL REXNORD CORPORATION (Exact name of registrant as specified in its charter) Wisconsin 39-0875718 (State or other jurisdiction of incorporation) (IRS Employer Identification ...

FOR RELEASE ON: May 6, 2024 CONTACT: Robert Barry, VP - Investor Relations 608-361-7530 robert.barry@regalrexnord.com REGAL REXNORD REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS CLOSED ON SALE OF INDUSTRIAL SYSTEMS BUSINESS, COMPLETING PLANNED STRATEGIC PORTFOLIO TRANSFORMATION, WITH NET PROCEEDS TO BE USED FOR DEBT REDUCTION ANNOUNCED UPDATED BUSINESS PURPOSE TO ALIGN WITH TRANSFORMED BUSINESS PORTFOLIO We Create A Better Tomorrow With Sustainable Solutions That Power, Transmit & Control Motion MILWAUKEE, W ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact Name of Registrant as Specified in Its Charter) Wisconsin 39-0875718 (State of Incorporation) (IRS Employer Identification No.) 111 West Michigan Street, Milwaukee, Wisconsin 53203 (Address of principal executive offices) (608) 364-8800 (Registrant's telephone number, including area code) FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Comm ...

Creating a better tomorrow™… Louis Pinkham, Chief Executive Officer Rob Rehard, Executive Vice President, Chief Financial Officer 4Q 2023 FORWARD LOOKING STATEMENTS 4Q 2023 In addition to these non-GAAP measures, we use the term "organic sales growth" and "pro forma organic sales growth" to refer to the increase in our sales between periods that is attributable to organic sales. "Organic sales" refers to GAAP sales from existing operations excluding any sales from acquired businesses recorded prior to the f ...

Financial Data and Key Metrics Changes - The company reported adjusted diluted earnings per share of $2.28 for Q4 2023, aligning with guidance midpoint [29] - Adjusted free cash flow for the year reached $683 million, nearly double the previous year, with Q4 free cash flow at $171 million [47][70] - Adjusted gross margins increased by 150 basis points year-over-year, while adjusted EBITDA margins on a pro forma basis were down 10 basis points [47][31] Business Line Data and Key Metrics Changes - The Automation and Motion Control (AMC) segment saw organic sales decline by 3% in Q4, with strength in aerospace and medical markets offset by weakness in food and beverage [67] - Power Efficiency Solutions (PES) organic sales were down 16% in Q4, primarily due to channel destocking and weaker demand in the North American residential furnace market [38][69] - Industrial Powertrain Solutions (IPS) experienced a 1.5% decline in organic sales in Q4, with growth driven by aerospace energy markets [55] Market Data and Key Metrics Changes - The residential HVAC market is expected to face headwinds, with a projected decline of 15% to 20% in Q1 2024 [23] - Orders in the PES segment were down nearly 10% on a daily basis in Q4, but January showed a book-to-bill ratio of 1.2, indicating potential improvement [56] - The company anticipates a low single-digit decline in sales for the IPS segment in Q1, with flat margins expected [41] Company Strategy and Development Direction - The company aims to achieve $90 million in synergies in 2024, building on the $65 million achieved in 2023 [62] - Focus on driving free cash flow of at least $700 million in 2024, which will be used to reduce debt and shift capital structure towards equity [64] - The company is committed to advancing organic growth initiatives, particularly through a pipeline of differentiated new product launches [60] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a 25% EBITDA margin by 2025, with a projected margin of 22% in 2024 [2] - The operating environment remains challenging due to market volatility and destocking dynamics, leading to a conservative outlook for 2024 [64] - Management noted that while January showed some improvement, it is too early to confirm a trend, and they are planning for mid-single-digit declines in orders [103] Other Important Information - The company ended Q4 with total debt of $6.38 billion, down $117 million from the previous quarter, and net debt to pro forma adjusted EBITDA ratio is now 3.8 [39] - The company is undergoing a significant portfolio transformation, including the acquisition of Altra and the planned sale of its motors and generators businesses [30] Q&A Session Summary Question: What has changed in the company's outlook over the last three months? - Management indicated that while there were strong performances in Q4, particularly in IPS, challenges in the residential HVAC market have led to a more conservative outlook for 2024 [23] Question: Can you elaborate on the assumptions around the residential HVAC market? - Management noted that the market remains murky, with destocking pressures extending into 2024, leading to a cautious approach in forecasting [12] Question: What are the expectations for the factory automation segment? - Management highlighted that while orders improved sequentially, they do not expect year-over-year growth until later in 2024 [25] Question: How does the company plan to manage potential strains as it drives growth? - Management emphasized the importance of communication and planning to address challenges, ensuring alignment with company values [98] Question: What are the key variables affecting demand and revenue as the company moves into Q2? - Management identified general industrial and residential HVAC markets as key areas to watch for potential improvements in demand [96]

Regal Rexnord Corporation (NYSE:RRX) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Robert Barry – Vice President-Investor Relations Louis Pinkham – Chief Executive Officer Rob Rehard – Chief Financial Officer Conference Call Participants Mike Halloran – Baird Julian Mitchell – Barclays Jeff Hammond – KeyBanc Capital Markets Nigel Coe – Wolfe Research Christopher Glynn – Oppenheimer Operator Good morning, and welcome to the Regal Rexnord Third Quarter 2023 Earnings Call. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-07283 REGAL REXNORD CORPORATION (Exact name of registrant as specified in its charter) Wisconsin 39-0875718 (State or other jurisdiction of incorporation) (IRS Employer ...

Creating a better tomorrow™… Third Quarter 2023 Earnings November 2, 2023 Industrial NON-GAAP FINANCIAL MEASURES We prepare financial statements in accordance with accounting principles generally accepted in the United States of America ("GAAP"). We also periodically disclose certain financial measures in our quarterly earnings releases, on investor conference calls, and in investor presentations and similar events that may be considered "non-GAAP" financial measures. This additional information is not mean ...