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.
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