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.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

TULSA, Okla., June 03, 2024 (GLOBE NEWSWIRE) -- Today, IXOPAY, announced the appointment of industry veteran Brady Harris as its new CEO. His appointment aligns with the recent merger of IXOPAY and TokenEx, highlighting a significant shift in the payments industry towards a multi-processor payment model, which empowers merchants and fintech companies to improve and diversify their payment strategies. The company thanks departing CEO Marc Olesen for his direction and contributions. Harris, rated a Top 3 nati ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Brady (BRC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individu ...

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.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 revisions, ...

MILWAUKEE, May 24, 2024 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE:BRC) ("Brady" or "Company") 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 (and its predecessor Colfax Corporation) while the company transformed its industrial business portfo ...

MILWAUKEE, May 24, 2024 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Brady” or “Company”) 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 (and its predecessor Colfax Corporation) while the company transformed its industrial business portf ...

财务数据和关键指标变化 - 公司本季度实现新的季度收益纪录,每股收益达1.05美元,同比增长9.4% [19][27] - 非GAAP每股收益为1.09美元,同比增长14.7% [20] - 毛利率提升至51.6%,同比增加130个基点 [23] - 销售费用和管理费用占销售收入的比重从27.4%下降至27.2% [24] - 研发投入占销售收入的5.1%,同比增加2百万美元 [25] - 经营活动现金流同比增长31.8%,达1.711亿美元 [28] - 公司净现金头寸为9670万美元 [29] 各条业务线数据和关键指标变化 - 美洲和亚洲地区有机销售增长4.5%,其中亚洲业务增长1.9% [39][42] - 欧洲和澳大利亚地区有机销售增长4.4%,其中欧洲增长4.7%,澳大利亚增长2.6% [44][46] - 美洲和亚洲地区分部利润增长1%,达4970万美元 [43] - 欧洲和澳大利亚地区分部利润增长14.3%,达1950万美元 [46] 各个市场数据和关键指标变化 - 中国市场销售下降17%,但其他亚洲市场如印度和新加坡表现强劲 [42] - 欧洲市场有机销售增长4.7%,远超GDP增长 [46] 公司战略和发展方向及行业竞争 - 公司持续投资研发,推出3款新产品,包括V4500条码扫描仪、J7300工业喷墨打印机和ToughStripe Max地面标识胶带 [48][49][50][53] - 公司看好工业自动化和追溯领域的长期发展前景,但短期内受到经济不确定性的影响 [59][62][63] - 公司计划通过收购Gravotech公司,补充直接部件标识的产品线,为客户提供更完整的解决方案 [83][84][85] 管理层对经营环境和未来前景的评论 - 管理层对下半年经济复苏持谨慎乐观态度,但仍存在不确定性 [59][60] - 管理层认为公司有望在未来几个季度保持低单位数的有机销售增长 [58][59] - 管理层对公司的创新能力和产品管线充满信心,预计未来将推出更多新产品 [15][16][54][55] 问答环节重要的提问和回答 问题1 **Cashen Keeler 提问** 询问公司对未来1-2个季度的有机销长预期以及主要客户需求情况 [58] **Russell Shaller 回答** 管理层对下半年经济复苏持谨慎乐观态度,但仍存在不确定性 [59][60] 问题2 **Steve Ferazani 提问** 询问公司在欧洲市场实现近5%有机增长的原因,是否主要来自价格还是销量 [72] **Russell Shaller 回答** 公司在欧洲市场的出色表现主要来自于销量增长,而非价格因素 [73] 问题3 **Keith Housum 提问** 询问公司在推出新的条码扫描仪产品时,是否会调整销售渠道策略 [89] **Russell Shaller 回答** 公司将通过传统直销渠道和增加与价值added resellers的合作来推广新产品 [90][91][92][93]

净销售额及利润 - 公司在2024财年第三季度实现净销售额增长1.9%，达到3.43亿美元，有机销售增长4.5%[34] - 公司在2024财年第三季度实现净利润1489.2万美元，同比增长14.8%[36] 毛利润及成本 - 毛利润在2024财年第三季度增长4.3%，达到1.77亿美元，毛利率提高至51.6%[34] - 研发支出在2024财年第三季度增长12.5%，达到1770万美元，占销售额的5.1%[34] - 销售、一般和管理支出在2024财年第三季度增长5.3%，达到9580万美元，占销售额的27.9%[34] 地区销售情况 - 美洲和亚洲地区有机销售增长率为4.5%，货币影响为-0.1%，总体销售增长率为0.9%[38] - 欧洲和澳大利亚地区有机销售增长率为4.4%，货币影响为-0.6%，总体销售增长率为3.8%[39] - 公司整体有机销售增长率为4.5%，货币影响为-0.3%，总体销售增长率为1.9%[38] 财务状况 - 公司现金及现金等价物在2024年4月30日为1.605亿美元，较2023年7月31日增加了890万美元[43] - 公司信贷协议要求维持债务与过去12个月EBITDA的比率不超过3.5比1，利息支出与过去12个月EBITDA的比率不低于3.0比1，截至2024年4月30日，公司符合这些财务约定[48] 未来展望与风险 - 公司的未来展望涉及未来财务状况、业务策略、销售目标、成本、收入、资本支出、债务水平和现金流等方面[49] - 公司未来业绩可能与前瞻性声明中所述有实质性差异[51] - 公司未发生市场风险方面的重大变化[52]

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 Third Quarter and Raises its Fiscal 2024 EPS Guidance • Sales for the quarter increased 1.9 percent compared to the same quarter of the prior year. Organic sales increased 4.5 percent, foreign currency decreased sales by 0.3 percent and divestitures decreased sales by 2.3 percent. • Diluted EPS increased 9.4 percent to a record high of ...