🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

Brady Corp's president Brett Wilms sells $60,112 in stock

Published 12/09/2024, 11:24 AM
BRC
-

MILWAUKEE—Brett Wilms, President of EMEA & Australia at Brady Corp (NYSE:BRC), has sold 800 shares of the company's Class A common stock. The shares were sold at a price of $75.14 each, totaling $60,112. Following this transaction, Wilms retains ownership of 4,484 shares directly. The sale was disclosed in a recent SEC filing and reflects Wilms' ongoing management role within the company. Brady Corp, headquartered in Milwaukee, is involved in miscellaneous manufacturing industries. InvestingPro data reveals the company maintains a strong financial health rating, with 8 additional key insights available to subscribers through their comprehensive Pro Research Report, which provides deep-dive analysis of 1,400+ top stocks.

In other recent news, Brady Corporation reported a 3.6% organic sales growth and an 11% increase in adjusted pre-tax earnings in its Fiscal 2025 First Quarter Earnings Call. Adjusted diluted earnings per share rose by 12% to $1.12. The company also announced the unanimous election of new directors to its board at the annual shareholders' meeting. Furthermore, Brady Corporation declared a dividend of $0.24 per share for Class A Common Stock shareholders, showing a strong commitment to shareholder returns.

Brady Corporation also launched a bundled product, combining the i5300 printer with the V4500 Barcode Scanner, indicating a continued commitment to innovation. The company experienced a 5.1% organic sales growth in the Americas & Asia region, while Europe & Australia returned to growth at 0.7%. However, segment profit in Europe & Australia declined by 21.7% to $13.1 million.

Despite potential economic challenges such as a strengthening US dollar and inflationary pressures, Brady Corporation maintains an optimistic stance about future growth, anticipating low-single-digit organic sales growth for the fiscal year. The company maintains a full-year adjusted EPS guidance of $4.40 to $4.70. These are the recent developments for Brady Corporation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.