- Record adjusted EPS of $1.22, a significant 11.9% year-over-year increase.
- Total sales grew by 11.4% to $382.6 million, fueled by acquisitions and organic growth.
- Brady Corporation (BRC, Financial) tightened fiscal 2025 adjusted EPS guidance to $4.48-$4.63 per share.
Brady Corporation (BRC), a global leader in identification solutions, reported record financial results for the third quarter of fiscal 2025, showcasing a strong performance amidst a challenging economic environment. The company's adjusted earnings per share (EPS) reached a historic high of $1.22, marking an 11.9% increase from $1.09 in the previous year. Total sales for the quarter surged by 11.4% to $382.6 million, driven by 1.6% organic growth and a substantial 10.5% contribution from acquisitions. This growth was slightly mitigated by a 0.7% decline due to foreign currency translation.
Regionally, the Americas & Asia displayed robust sales growth of 12.9%, with a notable 5.4% stemming from organic growth. Conversely, Europe & Australia experienced an 8.7% increase in sales, despite a 5.4% decline in organic sales. This highlights Brady's ability to leverage acquisitions effectively to bolster its performance across different markets.
In alignment with its shareholder return strategy, Brady Corporation returned $44.5 million to shareholders through dividends amounting to $11.3 million and share repurchases totaling $33.2 million for 476,000 shares. This capital allocation demonstrates the company's commitment to delivering value to its shareholders while maintaining a strong balance sheet.
In light of the quarter's performance and prevailing market conditions, Brady has adjusted its fiscal 2025 guidance. The company has tightened its adjusted EPS guidance to a range of $4.48-$4.63 per share, reflecting increased confidence in achieving baseline expectations amidst tariff uncertainties and global trade dynamics.
