Dimensional Fund Advisors LP decreased its holdings in shares of Brady Corporation (NYSE:BRC – Free Report) by 1.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,437,571 shares of the industrial products company’s stock after selling 24,061 shares during the period. Dimensional Fund Advisors LP owned 3.04% of Brady worth $116,786,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new stake in shares of Brady in the 4th quarter worth approximately $25,000. Richardson Financial Services Inc. lifted its stake in shares of Brady by 72.1% in the fourth quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock worth $30,000 after buying an additional 163 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Brady during the 3rd quarter valued at $31,000. Global Retirement Partners LLC increased its holdings in shares of Brady by 42.4% in the 4th quarter. Global Retirement Partners LLC now owns 450 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 134 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in Brady in the 1st quarter worth about $40,000. 76.28% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Brady In related news, CEO Vineet A. Nargolwala acquired 13,011 shares of the stock in a transaction dated Wednesday, June 10th. The shares were purchased at an average cost of $76.86 per share, with a total value of $1,000,025.46. Following the transaction, the chief executive officer directly owned 52,709 shares in the company, valued at approximately $4,051,213.74. This represents a 32.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 15.60% of the stock is owned by company insiders.
Analyst Ratings Changes A number of analysts have recently issued reports on BRC shares. Wall Street Zen raised shares of Brady from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Sidoti upgraded shares of Brady from a “neutral” rating to a “buy” rating and set a $103.00 target price for the company in a research note on Tuesday, June 9th. Finally, Weiss Ratings cut Brady from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $103.00.
Check Out Our Latest Report on BRC
Brady Stock Performance BRC opened at $97.97 on Wednesday. The company’s 50 day moving average is $88.40 and its 200 day moving average is $86.35. The company has a market cap of $4.62 billion, a price-to-earnings ratio of 22.32 and a beta of 0.61. Brady Corporation has a 12-month low of $69.51 and a 12-month high of $99.29. The company has a current ratio of 2.01, a quick ratio of 1.36 and a debt-to-equity ratio of 0.02.
Brady (NYSE:BRC – Get Free Report) last posted its quarterly earnings data on Monday, May 18th. The industrial products company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.35 by $0.15. Brady had a return on equity of 19.01% and a net margin of 12.93%.The firm had revenue of $435.24 million during the quarter, compared to analyst estimates of $406.07 million. During the same period in the prior year, the business posted $1.22 EPS. Brady’s revenue was up 13.7% on a year-over-year basis. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. On average, equities research analysts predict that Brady Corporation will post 5.25 EPS for the current year.
Brady Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 10th will be given a $0.245 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.98 dividend on an annualized basis and a yield of 1.0%. Brady’s dividend payout ratio is presently 22.32%.
Brady Company Profile (Free Report)
Brady Corporation is a global provider of identification and safety solutions, specializing in the design, manufacture and sale of products that help businesses improve safety, security and efficiency. The company offers an array of durable labels, signs, safety devices, printing systems and software platforms tailored to a wide range of industrial and commercial environments.
Founded in 1914 by William H. Brady, Brady Corporation has grown from a regional marker manufacturer into a diversified global enterprise.
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Bessemer Group Inc. trimmed its stake in shares of Brady Corporation (NYSE:BRC – Free Report) by 83.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,757 shares of the industrial products company’s stock after selling 8,842 shares during the quarter. Bessemer Group Inc.’s holdings in Brady were worth $142,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Franklin Resources Inc. increased its holdings in Brady by 267.8% in the 4th quarter. Franklin Resources Inc. now owns 1,188,189 shares of the industrial products company’s stock worth $93,118,000 after purchasing an additional 865,131 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Brady by 502,257.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 452,122 shares of the industrial products company’s stock valued at $35,433,000 after buying an additional 452,032 shares during the period. First Trust Advisors LP raised its holdings in Brady by 22.2% in the 4th quarter. First Trust Advisors LP now owns 1,620,931 shares of the industrial products company’s stock valued at $127,032,000 after buying an additional 294,818 shares during the last quarter. Millennium Management LLC boosted its position in Brady by 1,256.9% during the 1st quarter. Millennium Management LLC now owns 185,182 shares of the industrial products company’s stock worth $13,081,000 after buying an additional 171,535 shares during the period. Finally, Qube Research & Technologies Ltd grew its holdings in Brady by 37.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 322,873 shares of the industrial products company’s stock worth $21,946,000 after acquiring an additional 87,606 shares during the last quarter. Institutional investors and hedge funds own 76.28% of the company’s stock.
Analyst Ratings Changes Several research analysts have issued reports on BRC shares. Weiss Ratings lowered shares of Brady from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Wall Street Zen raised shares of Brady from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Finally, Sidoti upgraded Brady from a “neutral” rating to a “buy” rating and set a $103.00 price target for the company in a report on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $103.00.
View Our Latest Stock Report on Brady
Insider Transactions at Brady In other news, CEO Vineet A. Nargolwala bought 13,011 shares of Brady stock in a transaction that occurred on Wednesday, June 10th. The shares were acquired at an average price of $76.86 per share, with a total value of $1,000,025.46. Following the completion of the purchase, the chief executive officer directly owned 52,709 shares in the company, valued at $4,051,213.74. The trade was a 32.77% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 15.60% of the company’s stock.
Brady Trading Up 2.3% Shares of BRC stock opened at $96.72 on Tuesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.36 and a current ratio of 2.01. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of 22.03 and a beta of 0.61. Brady Corporation has a 52-week low of $69.24 and a 52-week high of $99.29. The company has a 50-day simple moving average of $88.15 and a two-hundred day simple moving average of $86.22.
Brady (NYSE:BRC – Get Free Report) last announced its earnings results on Monday, May 18th. The industrial products company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.15. Brady had a return on equity of 19.01% and a net margin of 12.93%.The firm had revenue of $435.24 million during the quarter, compared to analyst estimates of $406.07 million. During the same period last year, the firm posted $1.22 EPS. The business’s revenue was up 13.7% compared to the same quarter last year. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. Research analysts anticipate that Brady Corporation will post 5.25 EPS for the current fiscal year.
Brady Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 10th will be issued a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, July 10th. Brady’s payout ratio is currently 22.32%.
About Brady (Free Report)
Brady Corporation is a global provider of identification and safety solutions, specializing in the design, manufacture and sale of products that help businesses improve safety, security and efficiency. The company offers an array of durable labels, signs, safety devices, printing systems and software platforms tailored to a wide range of industrial and commercial environments.
Founded in 1914 by William H. Brady, Brady Corporation has grown from a regional marker manufacturer into a diversified global enterprise.
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Brady (BRC 0.29%) represents exactly the kind of boring stock that many investors buy, almost forget about, and then periodically look at, only to find it has delivered excellent long-term returns. It will suit relatively conservative investors seeking a stock with good upside potential and limited downside risk.
The investment case for Brady Brady is a company that provides printing, labeling, and ID products. For an example of its solutions, consider a manufacturing plant that needs its machinery and cabling labeled to facilitate easy servicing, perhaps via virtual reality. Another highly topical use is labeling in highly complex AI data centers (an activity actually representing 20% of its Americas and Asia sales). In both cases, the ability to quickly identify assets is crucial in quickly servicing them and reducing downtime.
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It's an easy-to-overlook, but essential, part of the industrial economy, and it supports the first two of the three reasons to buy the stock.
Organic growth prospects Brady's quarterly year-over-year organic growth has ranged between 1.5% and, most recently, 8.2%, placing it in the low- to mid-single-digit revenue growth category. It's solid enough, but considering that data centers make up about 20% of America and Asia sales (and grew 20% in the last reported quarter), and 13% of Europe & Australia sales, the opportunity for data center labeling to add a growth kicker is significant.
In addition, Brady has a margin expansion opportunity by selling more high-margin consumables for its printers and labeling equipment.
Image source: Getty Images.
The acquisition of Honeywell's Productivity Solutions and Services Business is transformative Industrial conglomerate Honeywell is in the process of breaking up, and as part of that process, it's divesting its Productivity Solutions and Services (PSS) business to Brady for $1.4 billion, representing just 8 times last year's earnings before interest, taxation, depreciation, and amortization (EBITDA). While PSS may be non-core for Honeywell's automation business (Honeywell Technologies), its mobile computers, scanners, and printing solutions for larger enterprises are very complementary to Brady's solutions.
Furthermore, the deal will add a new suite of larger customers for Brady and create a more comprehensive suite of solutions to sell to them. Throw in some earnings growth from an expected $25 million in cost savings (about 1% of combined 2025 revenue) over three years, and Wall Street expects slightly more than 14% annual earnings-per-share growth from 2025 to 2028.
Image source: Getty Images.
Valuation Brady trades at an enterprise value (market cap plus net debt) of 12.6 times forward EBITDA and is buying PSS on 8 times trailing EBITDA. It's a value- and earnings-enhancing acquisition, and the Wall Street consensus has Brady trading at less than 15 times estimated 2027 earnings. That's an excellent valuation for a company with attractive growth prospects.
LOS ANGELES, June 15, 2026 /PRNewswire/ -- BRC Group Holdings, Inc. (Nasdaq: RILY) ("BRC" or the "Company") today provided supplemental information regarding its indirect economic interest in Space Exploration Technologies Corp. ("SpaceX"), following SpaceX's initial public offering on June 12, 2026 (the "IPO"). The Company discussed this interest in its latest filing on Form 10-Q for the quarterly period ended March 31, 2026 filed on May 7, 2026 and its most recent quarterly earnings call on May 7, 2026.
On June 10, 2026, President and CEO Vineet A. Nargolwala reported an open-market purchase of 13,011 shares of Brady Corporation (BRC +1.80%), according to the SEC Form 4 filing.
Transaction summaryMetricValueShares traded (direct)13,011Transaction value~$1.0 millionPost-transaction shares (direct)78,393Post-transaction value (direct ownership)~$6.10 millionTransaction value based on SEC Form 4 weighted average purchase price ($76.86); post-transaction value based on June 10, 2026 market close ($77.87).
Key questionsHow does this purchase affect Vineet Nargolwala's overall ownership in Brady Corporation?
Following the transaction, direct holdings increased by 13,011 shares, representing a 19.90% rise from the pre-transaction level, with total direct ownership now standing at 78,393 shares.What does the transaction reveal about indirect or derivative participation?
This filing indicates no indirect holdings or derivative securities were involved; the entire acquisition was executed through direct ownership.How does this activity relate to previous trading patterns?
All five of Nargolwala's reported transactions over the past three years have been administrative or acquisition events, with no open-market sales disclosed, suggesting a consistent accumulation rather than disposition of shares.What is the current value of the insider's direct stake following the transaction?
As of the June 10, 2026 market close, the post-transaction direct position is valued at approximately ~$6.10 million, reflecting the increased share count and prevailing market price.Company overviewMetricValueRevenue (TTM)$1.62 billionNet income (TTM)$208.93 millionDividend yield1.19%1-year price change20.47%* 1-year performance calculated using June 10, 2026 as the reference date.
Company snapshotBrady Corporation offers identification solutions such as safety signs, advanced labeling systems, RFID/barcode scanners, wire markers, and access control products, as well as workplace safety items including compliance signage, first aid supplies, and personal protective equipment.It generates revenue through the design, manufacture, and distribution of specialized identification and safety products, with sales channels including direct sales, partners, catalogs, and digital platforms.The company serves a diverse customer base across industrial manufacturing, healthcare, energy, automotive, aerospace, government, education, and process industries.Brady Corporation is a global leader in identification and workplace safety solutions, leveraging over a century of operational expertise. The company’s scale, broad product portfolio, and multi-channel distribution underpin its competitive position in serving complex, regulated environments. Strategic focus on innovation and compliance-driven products supports resilience and growth across diverse end markets.
What this transaction means for investorsThe June 10 purchase of Brady stock by Vineet Nargolwala comes at an interesting time. He was named the company’s new CEO on June 8, but the leadership change caused investor concern, and the stock price fell.
Nargolwala quickly took advantage to scoop up Brady shares, which indicates he has a bullish outlook towards the stock. When he made the buy, Brady was well above its 52-week low of $65.76 reached last June, suggesting he sees more upside to come.
Brady’s excellent financial performance had been a catalyst in its stock price increasing over the past year. In its fiscal third quarter ended April 30, the company reported strong sales growth of 14% year over year to $435.2 million.
Naturally, the CEO stepping down after overseeing this growth raised worries on Wall Street, but Nargolwala is a veteran who has served on Brady’s Board of Directors since 2022.
His buy of company stock shows he is confident in Brady’s ability to continue growing sales. After all, demand for its products are driven by data center customers. Data centers are where artificial intelligence systems are housed, and this market is expected to see years of growth ahead, benefiting Brady.
Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Brady. The Motley Fool has a disclosure policy.
Deal marks largest acquisition for Brady as Honeywell continues portfolio reshaping and evaluates additional divestitures Summary
Honeywell advances breakup strategy with major divestment and ongoing asset review
Honeywell International HON has agreed to divest its productivity solutions and services business to Brady Corp. BRC for $1.4 billion in cash, a move that could signal continued momentum in the company's broader portfolio reshaping strategy. The transaction, which is expected to close in the second half of the year, follows earlier indications that Honeywell was reviewing strategic alternatives for parts of its business, as management continues to reposition the company through a mix of divestitures and structural changes.
The unit being sold, known as PSS, provides mobile computers, barcode scanners, and printing technologies used in logistics operations and generated about $1.1 billion in revenue in 2025. For Brady, the deal represents its largest acquisition to date, potentially expanding its capabilities in identification and protection solutions across industrial markets. Brady, which reported roughly $1.5 billion in annual sales in its most recent fiscal year, could be using this transaction to scale its presence in adjacent segments tied to supply chains and workplace infrastructure.
The divestiture fits into a broader sequence of moves at Honeywell, which has been actively reshaping its business through both disposals and acquisitions. The company is still evaluating options for its warehouse and workflow solutions unit, which generated nearly $1 billion in revenue in 2024, while also planning to separate its automation and aerospace businesses in the third quarter of 2026. Alongside these changes, Honeywell has pursued acquisitions, including a revised agreement to acquire Johnson Matthey's Catalyst Technologies business for £1.325 billion, suggesting a dual-track approach that could continue to influence its long-term earnings mix.
MILWAUKEE, May 13, 2026 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC), will announce its fiscal 2026 third quarter financial results on Monday, May 18, 2026.
A conference call will be held beginning at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) Monday, May 18, 2026. Participants will be able to access the webcast and presentation here live and in replay.
This call is being webcast by Notified and can be accessed here.
About BRC
Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2025, employed approximately 6,400 people in its worldwide businesses. Brady’s fiscal 2025 sales were approximately $1.51 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC. More information is available on the Internet at www.bradycorp.com.
For More Information:
Investor contact: Ann Thornton 414-438-6887
Media contact: Kate Venne 414-358-5176
Hear from these speakers and leading innovators from companies like Databricks at the first-ever UNBOUND, September 16-18 in Boston
BOSTON--(BUSINESS WIRE)--The best leaders don’t wait for the right conditions. They build, adapt, and push forward through pressure and uncertainty. That’s the spirit behind UNBOUND 2026, and it’s the thread connecting this year’s Main Stage headliners.
Today, we're excited to announce Tom Brady, Cynthia Erivo, Mel Robbins, Sunita "Suni" Williams and TBPN as headliners for UNBOUND 2026, taking place September 16-18 in Boston. They'll be joined by HubSpot leaders and speakers across AI, brand and business growth, along with 13,000+ attendees from across industries, roles and backgrounds.
Meet the headliners
This roster of athletes, artists, astronauts, and innovators all rewrote the rules to achieve growth without limits.
Tom Brady is a seven-time Super Bowl Champion and one of the most decorated athletes in professional sports history. The 199th pick in the 2000 NFL Draft, Brady went on to win seven Super Bowls across 23 seasons, becoming the defining example of longevity, reinvention, and sustained excellence at the highest level of competition. Cynthia Erivo is an award-winning actress, singer and producer, and one of the most distinctive creative voices of her generation. Fresh off a Grammy win, record-breaking film, West End run and a personal best at the London Marathon, Erivo is also a Tony and Daytime Emmy winner. She is one Oscar away from an EGOT, one of the rarest achievements in entertainment. Mel Robbins is a #1 best-selling author of The Let Them Theory, the most successful non-fiction book launch in history with 1.2 million copies sold in its first month, and host of The Mel Robbins Podcast. She is the creator of “The 5 Second Rule” and has spent her career turning behavioral science into practical tools that help people break through hesitation and self-doubt. Sunita “Suni” Williams is a NASA Astronaut and U.S. Navy Captain (Ret.) with 608 days in space across three missions, the second most of any American astronaut. She has commanded the International Space Station twice, including during a test flight that became an unplanned nine-month stay, making her one of the most experienced and tested leaders in the world. TBPN is a daily live business and technology show hosted by John Coogan and Jordi Hays. Considered a required listen for tech news, the show has featured conversations with some of the most influential names in the industry including Mark Zuckerberg, Sam Altman, Satya Nadella and Mark Cuban. This September, they bring TBPN to the UNBOUND Main Stage for a special live session. UNBOUND 2026 will also feature HubSpot keynotes and speakers across AI, brand and business growth
Hear from HubSpot leaders on the latest in AI, marketing, sales and service, along with what’s next across the HubSpot platform.
Yamini Rangan: CEO Duncan Lennox: CPTO Dharmesh Shah: Co-founder and CTO AI Innovators
Alejandro Matamala-Ortiz: Co-founder and Chief Innovation Officer, Runway Arvind Jain: CEO, Glean Tasso Argyros: VP, Engineering, Databricks Grant Lee: Co-founder and CEO, Gamma Brand and Media
Shana Stephenson: Chief Brand Officer, New York Liberty Jay Schwedelson: Founder and CEO, GURU Media Hub Find your people with The Exchanges
For many attendees, the most valuable part of UNBOUND isn’t just what they learn, it’s who they meet. With 13,000+ attendees from across industries, roles and backgrounds, The Exchanges are a new approach to networking designed to make those connections feel real and personal. Think of them as your home base on the show floor: always-on spaces you can drop into between sessions, after a keynote or whenever you’re ready to meet someone new.
UNBOUND will feature three spaces, each built around a different way people come together:
The Sync: Role-based community for marketers, sales leaders, RevOps pros, customer success managers and founders navigating the same day-to-day challenges. The Sector: Industry-based community for talking shop with people in your world, from SaaS and healthcare to finance, manufacturing and beyond. The Spot: Identity-based community that creates space for dialogue beyond the day-to-day of work. Building on what attendees loved about INBOUND, now with more ways to participate and more room for community to take shape in real time. UNBOUND 2026 takes place September 16-18 in Boston, MA. Learn more and register today at unbound.com/register.
Sales for the quarter increased 13.8 percent compared to the same quarter of the prior year. Organic sales increased 8.2 percent, acquisitions increased sales 2.1 percent and foreign currency translation increased sales 3.5 percent.Diluted EPS increased 11.0 percent to $1.21 in the third quarter of fiscal 2026 compared to $1.09 in the same quarter of the prior year. Adjusted Diluted EPS* increased 23.0 percent to $1.50 in the third quarter of fiscal 2026 compared to $1.22 in the same quarter of the prior year.Net cash provided by operating activities increased to $78.2 million in the third quarter of fiscal 2026 compared to $59.9 million in the third quarter of last year.GAAP earnings per diluted Class A Nonvoting Common share guidance for the year ending July 31, 2026 was adjusted from the previous range of $4.62 to $4.82 per share to $4.66 to $4.76 per share. Adjusted Diluted EPS* Guidance was raised for the full year ending July 31, 2026 from the previous range of $4.95 to $5.15 per share to the new range of $5.20 to $5.30 per share.Entered into a definitive purchase agreement on April 20, 2026, to acquire Honeywell’s Productivity Solutions and Services business, expected to close in the second half of calendar 2026, subject to regulatory approvals and customary closing conditions. MILWAUKEE, May 18, 2026 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Brady” or “Company”), a world leader in identification solutions, today reported its financial results for its fiscal 2026 third quarter ended April 30, 2026.
Quarter Ended April 30, 2026 Financial Results:
Sales for the quarter ended April 30, 2026 increased 13.8 percent, which consisted of organic sales growth of 8.2 percent, growth of 2.1 percent from acquisitions and an increase of 3.5 percent from foreign currency translation. Sales for the quarter ended April 30, 2026 were $435.2 million compared to $382.6 million in the same quarter last year. By region, sales increased 14.4 percent in the Americas & Asia and sales increased 12.6 percent in Europe & Australia, which consisted of organic sales growth of 10.1 percent in the Americas & Asia and organic sales growth of 4.5 percent in Europe & Australia.
Income before income taxes increased 11.6 percent to $73.4 million in the quarter ended April 30, 2026, compared to $65.7 million in the same quarter last year. Adjusted Income Before Income Taxes* in the quarter ended April 30, 2026, which was adjusted for amortization expense of $5.3 million and acquisition-related costs of $13.5 million, was $92.1 million, an increase of 23.8 percent compared to the third quarter of last year. Adjusted Income Before Income Taxes* in the quarter ended April 30, 2025, which was adjusted for amortization expense and facility closure and other reorganization costs of $8.7 million, was $74.4 million.
Net income for the quarter ended April 30, 2026 was $57.8 million compared to $52.3 million in the same quarter last year. Adjusted Net Income* in the quarter ended April 30, 2026 was $71.9 million compared to $58.8 million in the same quarter last year. Earnings per diluted Class A Nonvoting Common Share was $1.21 compared to $1.09 in the same quarter last year. Adjusted Diluted EPS* in the quarter ended April 30, 2026 was $1.50 compared to $1.22 in the same quarter last year.
Nine-Month Period Ended April 30, 2026 Financial Results:
Sales for the nine-month period ended April 30, 2026 increased 9.7 percent, which consisted of organic sales growth of 4.3 percent, growth of 2.5 percent from acquisitions and an increase of 2.9 percent from foreign currency translation. Sales for the nine months ended April 30, 2026 were $1.22 billion compared to $1.12 billion in the same period last year. By region, sales increased 10.6 percent in the Americas & Asia and sales increased 8.0 percent in Europe & Australia, which consisted of organic sales growth of 6.0 percent in the Americas & Asia and organic sales growth of 0.9 percent in Europe & Australia.
Income before income taxes increased 15.4 percent to $203.8 million in the nine-month period ended April 30, 2026, compared to $176.6 million in the same period last year. Adjusted Income Before Income Taxes* in the nine-month period ended April 30, 2026, which was adjusted for amortization expense of $15.8 million and acquisition-related costs of $13.5 million, was $233.1 million, an increase of 13.5 percent compared to the same period last year. Adjusted Income Before Income Taxes* in the nine-month period ended April 30, 2025, which was adjusted for amortization expense, facility closure and other reorganization costs and acquisition-related charges of $28.8 million, was $205.4 million.
Net income in the nine-month period ended April 30, 2026 was $159.8 million compared to $139.4 million in the same period last year. Adjusted Net Income* in the nine-month period ended April 30, 2026 was $181.9 million compared to $161.1 million in the same period last year. Earnings per diluted Class A Nonvoting Common Share was $3.35 compared to $2.89 in the same period last year. Adjusted Diluted EPS* in the nine-month period ended April 30, 2026 was $3.81 compared to $3.34 in the same period last year.
Commentary:
“Our investment in research & development resulted in strong organic sales growth globally, along with a record quarter of adjusted earnings per share. New product launches over the last several years as well as data center construction drove our sales growth, which is an end market that is ideal for our high-performance identification solutions,” said Brady’s President and Chief Executive Officer, Russell R. Shaller. “Last month, we announced our agreement to acquire Honeywell’s Productivity Solutions and Services business, which we expect to close in the second half of calendar 2026. I’m incredibly excited to execute our plans for growth and expand our portfolio through PSS with high-quality mobility and scanning solutions, which are highly complementary to Brady’s portfolio of printers, software and specialty adhesive materials.”
“In addition to our new quarterly record adjusted earnings per share, we increased our cash flow from operating activities more than 30 percent to $78.2 million in the quarter, and we returned $16.7 million to our shareholders in the form of dividends and share buybacks,” said Brady’s Chief Financial Officer, Ann Thornton. “We were in a net cash position of $148.6 million as of April 30, 2026, which gives us the ability to continue to invest in organic growth and provides support for our acquisition of the Productivity Solutions and Services business, while returning funds to our shareholders to continue to drive long-term shareholder value.”
Fiscal 2026 Guidance:
The Company adjusted its GAAP earnings per diluted Class A Nonvoting Common Share guidance for the year ending July 31, 2026 from $4.62 to $4.82 per share, to $4.66 to $4.76 per share. The Company raised its Adjusted Diluted EPS* guidance for the year ending July 31, 2026 from $4.95 to $5.15 per share, to $5.20 to $5.30 per share.
The assumptions included in fiscal 2026 guidance include a full-year income tax rate of approximately 21 percent, depreciation and amortization expense of approximately $44 million, and capital expenditures of approximately $45 million. Fiscal 2026 guidance is based on foreign currency exchange rates as of April 30, 2026 and assumes continued economic growth. Fiscal 2026 guidance does not include any earnings impact from the PSS transaction.
A webcast regarding Brady’s fiscal 2026 third quarter financial results will be available at www.bradycorp.com/investors beginning at 9:30 a.m. central time today.
Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2025, employed approximately 6,400 people in its worldwide businesses. Brady’s fiscal 2025 sales were approximately $1.51 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC. More information is available on the Internet at www.bradyid.com.
* Adjusted Income Before Income Taxes, Adjusted Net Income, and Adjusted Diluted EPS are non-GAAP measures. See appendix for more information on these measures, including reconciliations to the most directly comparable GAAP measures.
In this news release, statements that are not reported financial results or other historic information are “forward-looking statements.” These forward-looking statements relate to, among other things, the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations.
The use of words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project,” “plan” or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements by their nature address matters that are, to different degrees, uncertain and are subject to risks, assumptions, and other factors, some of which are beyond Brady’s control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For Brady, uncertainties arise from: increased cost of materials, labor, material shortages and supply chain disruptions, including as a result of tariffs or other impacts of the global trade environment; decreased demand for our products; our ability to compete effectively or to successfully execute our strategy; our ability to develop technologically advanced products that meet customer demands; Brady’s ability to identify, integrate and grow acquired companies; difficulties in protecting our websites, networks, and systems against security breaches and difficulties in preventing phishing attacks, social engineering or malicious break-ins; risks associated with the loss of key employees; litigation, including product liability claims; global climate change and environmental regulations; foreign currency fluctuations; changes in tax legislation and tax rates; potential write-offs of goodwill and other intangible assets; differing interests of voting and non-voting shareholders and changes in the regulatory and business environment around dual-class voting structures; the possibility that events, changes or other circumstances could result in termination of the agreement to acquire the PSS business; our ability to complete the pending acquisition of the PSS business on the anticipated timeline or at all, including risks related to the timing, receipt and terms of required governmental and regulatory approvals and the satisfaction or waiver of other closing conditions; the potential effects of the pending acquisition and related integration planning on Brady’s and the PSS business’s relationships with customers, suppliers and other business partners, ability to retain and hire key personnel, operating results and businesses generally; our ability to realize the anticipated strategic and financial benefits of the pending acquisition of the PSS business, including expected synergies, within the anticipated timeframe, or at all; numerous other matters of national, regional and global scale, including major public health crises and government responses thereto and those of a political, economic, business, competitive, and regulatory nature contained from time to time in Brady’s U.S. Securities and Exchange Commission filings, including, but not limited to, those factors listed in the “Risk Factors” section within Item 1A of Part I of Brady’s Form 10-K for the year ended July 31, 2025.
These uncertainties may cause Brady's actual future results to be materially different than those expressed in its forward-looking statements. Brady does not undertake to update its forward-looking statements except as required by law.
BRADY CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(Unaudited; Dollars in thousands, except per share data)
Three months ended April 30, Nine months ended April 30, 2026 2025 2026 2025 Net sales$435,237 $382,590 $1,224,661 $1,116,330 Cost of goods sold 209,768 187,531 595,966 555,739 Gross margin 225,469 195,059 628,695 560,591 Operating expenses: Research and development 23,531 19,191 71,132 56,835 Selling, general and administrative 128,732 108,678 354,195 326,410 Total operating expenses 152,263 127,869 425,327 383,245 Operating income 73,206 67,190 203,368 177,346 Other income (expense): Investment and other income (expense) 1,431 (509) 3,948 2,850 Interest expense (1,269) (936) (3,467) (3,604) Income before income taxes 73,368 65,745 203,849 176,592 Income tax expense 15,568 13,482 44,062 37,212 Net income$57,800 $52,263 $159,787 $139,380 Net income per Class A Nonvoting Common Share: Basic$1.22 $1.10 $3.38 $2.92 Diluted$1.21 $1.09 $3.35 $2.89 Net income per Class B Voting Common Share: Basic$1.22 $1.10 $3.36 $2.90 Diluted$1.21 $1.09 $3.33 $2.88 Weighted average common shares outstanding: Basic 47,357 47,644 47,313 47,743 Diluted 47,814 48,066 47,761 48,196 BRADY CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollars in thousands) April 30, 2026 July 31, 2025 (Unaudited) ASSETS Current assets: Cash and cash equivalents$175,491 $174,349 Accounts receivable, net of allowance for credit losses of $7,274 and $7,876 respectively 266,354 231,944 Inventories 220,252 200,881 Prepaid expenses and other current assets 16,832 14,661 Total current assets 678,929 621,835 Property, plant and equipment—net 243,720 225,572 Goodwill 689,415 676,945 Other intangible assets 103,425 105,374 Deferred income taxes 18,503 20,862 Operating lease assets 61,154 58,422 Other assets 36,805 25,243 Total$1,831,951 $1,734,253 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable$108,454 $105,028 Accrued compensation and benefits 92,253 92,657 Taxes, other than income taxes 22,308 21,537 Accrued income taxes 4,787 5,547 Current operating lease liabilities 16,382 15,234 Other current liabilities 93,620 90,329 Total current liabilities 337,804 330,332 Long-term debt 26,857 99,766 Long-term operating lease liabilities 45,270 43,565 Other liabilities 78,035 68,379 Total liabilities 487,966 542,042 Stockholders’ equity: Common stock: Class A nonvoting common stock—Issued 51,261,487 shares, and outstanding 43,650,910 and 43,530,012 shares, respectively 513 513 Class B voting common stock—Issued and outstanding, 3,538,628 shares 35 35 Additional paid-in capital 363,578 359,269 Retained earnings 1,442,868 1,317,739 Treasury stock—7,610,577 and 7,731,475 shares, respectively, of Class A nonvoting common stock, at cost (393,992) (393,186)Accumulated other comprehensive loss (69,017) (92,159)Total stockholders’ equity 1,343,985 1,192,211 Total$1,831,951 $1,734,253 BRADY CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited; Dollars in thousands) Nine months ended April 30, 2026 2025 Operating activities: Net income$159,787 $139,380 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 33,549 30,279 Stock-based compensation expense 11,605 9,762 Deferred income taxes 9,506 (6,038)Other (4,857) (181)Changes in operating assets and liabilities: Accounts receivable (28,102) (6,869)Inventories (12,970) (8,209)Prepaid expenses and other assets (1,098) (3,754)Accounts payable and accrued liabilities (1,638) (26,415)Income taxes (883) (5,081) Net cash provided by operating activities 164,899 122,874 Investing activities: Purchases of property, plant and equipment (32,994) (18,685)Acquisition of businesses, net of cash acquired (17,416) (147,248)Other 6,848 854 Net cash used in investing activities (43,562) (165,079) Financing activities: Payment of dividends (34,658) (34,237)Proceeds from exercise of stock options 9,168 5,759 Payments for employee taxes withheld from stock-based awards (3,406) (2,518)Purchase of treasury stock (14,130) (33,155)Proceeds from borrowing on credit agreement 73,500 206,249 Repayment of borrowing on credit agreement (146,409) (194,365)Other (9,534) 190 Net cash used in financing activities (125,469) (52,077) Effect of exchange rate changes on cash and cash equivalents 5,274 (3,682) Net increase (decrease) in cash and cash equivalents 1,142 (97,964)Cash and cash equivalents, beginning of period 174,349 250,118 Cash and cash equivalents, end of period$175,491 $152,154 BRADY CORPORATION AND SUBSIDIARIES
SEGMENT INFORMATION
(Unaudited; Dollars in thousands)
Three months ended April 30, Nine months ended April 30, 2026 2025 2026 2025 NET SALES Americas & Asia$290,055 $253,652 $810,552 $732,926 Europe & Australia 145,182 128,938 414,109 383,404 Total$435,237 $382,590 $1,224,661 $1,116,330 SALES INFORMATION Americas & Asia Organic 10.1% 5.4% 6.0% 5.0%Acquisitions 3.1% 8.6% 3.9% 7.9%Currency 1.2% (1.1)% 0.7% (1.0)%Divestiture —% —% —% (0.5)%Total 14.4% 12.9% 10.6% 11.4%Europe & Australia Organic 4.5% (5.4)% 0.9% (1.9)%Acquisitions —% 14.2% —% 14.8%Currency 8.1% (0.1)% 7.1% (0.1)%Total 12.6% 8.7% 8.0% 12.8%Total Company Organic 8.2% 1.6% 4.3% 2.6%Acquisitions 2.1% 10.5% 2.5% 10.2%Currency 3.5% (0.7)% 2.9% (0.5)%Divestiture —% —% —% (0.4)%Total 13.8% 11.4% 9.7% 11.9% SEGMENT PROFIT Americas & Asia$68,730 $57,164 $182,344 $158,148 Europe & Australia 21,470 17,478 55,624 41,872 Total segment profit$90,200 $74,642 $237,968 $200,020 SEGMENT PROFIT AS A PERCENT OF NET SALES Americas & Asia 23.7% 22.5% 22.5% 21.6%Europe & Australia 14.8% 13.6% 13.4% 10.9%Total 20.7% 19.5% 19.4% 17.9% Three months ended April 30, Nine months ended April 30, 2026 2025 2026 2025 Total segment profit$90,200 $74,642 $237,968 $200,020 Unallocated amounts: Administrative costs (16,994) (7,452) (34,600) (22,674)Investment and other income (expense) 1,431 (509) 3,948 2,850 Interest expense (1,269) (936) (3,467) (3,604)Income before income taxes$73,368 $65,745 $203,849 $176,592 GAAP to NON-GAAP MEASURES
(Unaudited; Dollars in Thousands, Except Per Share Amounts) In accordance with the U.S. Securities and Exchange Commission’s Regulation G, the following provides definitions of the non-GAAP measures used in the earnings release and the reconciliation to the most closely related GAAP measure. Adjusted Income Before Income Taxes: Brady is presenting the non-GAAP measure, “Adjusted Income Before Income Taxes.” This is not a calculation based upon GAAP. The amounts included in this non-GAAP measure are derived from amounts included in the Consolidated Financial Statements and supporting footnote disclosures. We do not view these items to be part of our ongoing results. We believe this profit measure provides an important perspective of underlying business trends and results and provides a more comparable measure from year to year. The table below provides a reconciliation of the GAAP measure of Income before income taxes to the non-GAAP measure of Adjusted Income Before Income Taxes: Three months ended April 30, Nine months ended April 30, 2026 2025 2026 2025Income before income taxes$73,368 $65,745 $203,849 $176,592 Amortization expense 5,255 4,754 15,768 14,138 Non-recurring acquisition-related costs and other related expenses 13,506 - 13,506 5,059 Facility closure and other reorganization costs - 3,930 - 9,584Adjusted Income Before Income Taxes (non-GAAP measure)$92,129 $74,429 $233,123 $205,373 Adjusted Income Tax Expense: Brady is presenting the non-GAAP measure, “Adjusted Income Tax Expense.” This is not a calculation based upon GAAP. The amounts included in this non-GAAP measure are derived from amounts included in the Consolidated Financial Statements and supporting footnote disclosures. We do not view these items to be part of our ongoing results. We believe this measure provides an important perspective of underlying business trends and results and provides a more comparable measure from year to year. The table below provides a reconciliation of the GAAP measure of Income tax expense to the non-GAAP measure of Adjusted Income Tax Expense: Three months ended April 30, Nine months ended April 30, 2026 2025 2026 2025Income tax expense (GAAP measure)$15,568 $13,482 $44,062 $37,212 Amortization expense 1,267 1,144 3,803 3,402 Non-recurring acquisition-related costs and other related expenses 3,376 - 3,376 1,265 Facility closure and other reorganization costs - 983 - 2,396Adjusted Income Tax Expense (non-GAAP measure)$20,211 $15,609 $51,241 $44,275 Adjusted Net Income: Brady is presenting the non-GAAP measure, “Adjusted Net Income.” This is not a calculation based upon GAAP. The amounts included in this non-GAAP measure are derived from amounts included in the Consolidated Financial Statements and supporting footnote disclosures. We do not view these items to be part of our ongoing results. We believe this measure provides an important perspective of underlying business trends and results and provides a more comparable measure from year to year. The table below provides a reconciliation of the GAAP measure of Net income to the non-GAAP measure of Adjusted Net Income: Three months ended April 30, Nine months ended April 30, 2026 2025 2026 2025Net income (GAAP measure)$57,800 $52,263 $159,787 $139,380 Amortization expense 3,988 3,610 11,965 10,736 Non-recurring acquisition-related costs and other related expenses 10,130 - 10,130 3,794 Facility closure and other reorganization costs - 2,947 - 7,188Adjusted Net Income (non-GAAP measure)$71,918 $58,820 $181,882 $161,098 Adjusted Diluted EPS: Brady is presenting the non-GAAP measure, “Adjusted Diluted EPS.” This is not a calculation based upon GAAP. The amounts included in this non-GAAP measure are derived from amounts included in the Consolidated Financial Statements. We do not view these items to be part of our ongoing results. We believe this measure provides an important perspective of underlying business trends and results and provides a more comparable measure from year to year. The table below provides a reconciliation of the GAAP measure of Net income per Class A Nonvoting Common Share to the non-GAAP measure of Adjusted Diluted EPS (Note that certain amounts will not foot due to rounding): Three months ended April 30, Nine months ended April 30, 2026 2025 2026 2025Net income per Class A Nonvoting Common Share (GAAP measure)$1.21 $1.09 $3.35 $2.89 Amortization expense 0.08 0.08 0.25 0.22 Non-recurring acquisition-related costs and other related expenses 0.21 - 0.21 0.08 Facility closure and other reorganization costs - 0.06 - 0.15Adjusted Diluted EPS (non-GAAP measure)$1.50 $1.22 $3.81 $3.34 Adjusted Dilued EPS Guidance: Fiscal 2026 Expectations Low HighEarnings per diluted Class A Common Share (GAAP measure) $4.66 $4.76 Amortization expense 0.33 0.33 Non-recurring acquisition-related costs and other related expenses 0.21 0.21Adjusted Diluted EPS (non-GAAP measure) $5.20 $5.30 For More Information:
Investor contact: Ann Thornton 414-438-6887
Media contact: Kate Venne 414-358-5176
Brady Corporation (NYSE:BRC) reported first-quarter earnings on Monday before the market opened. Here’s a rundown of the report.
Brady shares are powering higher. Why is BRC stock up today? Q1 HighlightsBrady reported adjusted earnings per share of $1.50, beating the consensus estimate of $1.34. In addition, it reported revenue of $435.23 million, beating the consensus estimate of $406.07 million, and representing a 13.8% increase year-over-year.
"Our investment in research & development resulted in strong organic sales growth globally, along with a record quarter of adjusted earnings per share," said Brady President and CEO Russell Shaller.
Shaller said new product launches over the last several years, along with data center construction, helped drive sales growth. He also highlighted the company's agreement to acquire Honeywell's Productivity Solutions and Services business, which Brady expects to close in the second half of calendar 2026.
"I'm incredibly excited to execute our plans for growth and expand our portfolio through PSS with high-quality mobility and scanning solutions, which are highly complementary to Brady's portfolio of printers, software and specialty adhesive materials," Shaller said.
CFO Ann Thornton said cash flow from operating activities increased more than 30% year-over-year to $78.2 million in the quarter. The company also returned $16.7 million to shareholders through dividends and share buybacks.
Thornton said Brady ended the quarter with a net cash position of $148.6 million, which supports continued investment in organic growth and the planned acquisition of the Productivity Solutions and Services business.
Brady raised its fiscal-year 2026 adjusted earnings per share guidance from between $4.95 and $5.15 to between $5.20 and $5.30, versus the consensus estimate of $5.01.
Brady Shares Soar HigherBRC Price Action: At the time of publication, Brady shares are trading 4.30% higher at $74.00, according to data from Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Brady NYSE: BRC reported what Chief Executive Officer Russell Shaller called a “fantastic quarter,” as the identification and safety products company posted record adjusted earnings per share and broad-based organic sales growth in its fiscal 2026 third quarter.
The company reported adjusted diluted earnings per share of $1.50, up 23% from $1.22 in the same quarter last year and a new quarterly record. GAAP diluted earnings per share rose to $1.21 from $1.09. Net income increased 10.6% to $57.8 million, while adjusted net income rose 22.3% to $71.9 million.
Organic sales grew 8.2% in the quarter, with total sales growth of 13.8% after including contributions from acquisitions and foreign currency translation. Chief Financial Officer Ann Thornton said the results reflected “strong organic sales growth, improved gross profit margin, efficiencies throughout SG&A, and growth in operating income throughout our global businesses.”
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Sales Growth Led by Both Regions Brady said both of its operating regions contributed to the quarter’s organic growth. The Americas and Asia region grew organic sales 10.1%, while Europe and Australia grew 4.5% organically.
In Americas and Asia, sales reached a record $290.1 million, up 14.4% on a reported basis. Shaller said Brady grew sales in all key product lines in the region, with particular strength in wire identification. Wire ID represents 20% of revenue in Americas and Asia, and sales in that product line increased 19% during the quarter.
Shaller said data centers are making a “meaningful impact” on growth in wire identification. He also cited strong sales of portable, benchtop and automated printer units, which supported growth across wire identification, product identification and safety and facility identification.
In Europe and Australia, total sales rose 12.6% to $145.2 million, aided by an 8.1% benefit from foreign currency translation. Shaller said the region returned to growth despite a weak manufacturing environment in Europe and conflict in the Middle East. Wire ID represents 13% of sales in Europe and Australia and grew 13% in the quarter.
Margins and Cash Flow Improve Gross profit margin improved to 51.8% from 51.0% in the prior-year quarter. Thornton said the improvement reflected cost reduction actions taken last year, including the closure of manufacturing facilities in Beijing, China, and Buffalo, New York, as well as sales growth led by highly engineered products.
SG&A expense was $128.7 million, compared with $108.7 million a year earlier. As a percentage of sales, SG&A increased to 29.6% from 28.4%. Excluding amortization, acquisition-related expenses and certain prior-year reorganization costs, however, SG&A declined to 25.3% of sales from 26.5%.
Brady continued to increase research and development spending. R&D expense was $23.5 million, or 5.4% of sales, compared with $19.2 million, or 5.0% of sales, in the prior-year quarter. Thornton said printer unit sales increased nearly 8% year over year, adding that consumable revenue is expected to follow printer placements.
Operating cash flow increased 30.7% to $78.2 million, while free cash flow rose 20.8% to $67.2 million. Year to date, operating cash flow was up nearly 35%. Brady ended the quarter with a net cash position of $148.6 million, which Thornton said was more than triple the company’s net cash position a year earlier.
Guidance Raised for Fiscal 2026 Brady raised its full-year adjusted EPS guidance to a range of $5.20 to $5.30, up from its previous range of $4.95 to $5.15. The company said the new adjusted EPS outlook implies growth of 13% to 15.2% compared with fiscal 2025.
The company also updated its GAAP EPS guidance to a range of $4.66 to $4.76, compared with the prior range of $4.62 to $4.82. Brady continues to expect organic sales growth in the mid-single-digit percentage range for the fiscal year ending July 31, 2026.
Other guidance assumptions include depreciation and amortization expense of approximately $44 million, capital expenditures of approximately $45 million and a full-year income tax rate of about 21%. Thornton said potential risks include a stronger U.S. dollar, inflationary pressures the company cannot offset quickly enough and a broader slowdown in economic activity.
Honeywell PSS Acquisition in Focus Brady also discussed its previously announced agreement to acquire Honeywell’s Productivity Solutions and Services, or PSS, business. Shaller said the transaction would more than double the markets Brady can serve and add enterprise-level workforce productivity as a “critical third pillar” to the company’s customer offering.
Shaller said the combination would bring together Brady’s durable labels, printers, software and specialty adhesive materials with PSS’s mobility and scanning solutions. He said Brady intends to preserve PSS’s customer and channel partner relationships and continue investing in R&D and software offerings, including operational intelligence, voice and SwiftDecoder.
Brady said PSS sales declined by just under 2% in calendar 2025 compared with calendar 2024, then grew nearly 5% in the first quarter of calendar 2026. Shaller said Brady expects the acquired business to add approximately $0.80 of adjusted EPS accretion in the first year after closing, excluding synergies. He said the company’s best estimate for closing remains Aug. 1, pending regulatory filings and other external factors.
Thornton said Brady plans to finance the acquisition with $500 million of Term Loan A bank debt and $800 million of private placement debt, with an expected interest rate below 6%. She said the company expects net leverage of approximately 2.0 to 2.5 times at closing and expects to delever below 2 times within two years.
Executives Address Data Centers, New Printer and Board Resignations During the question-and-answer session, Shaller said data center-related demand remains a tailwind, particularly for wire identification. He said Brady is not seeing acceleration or deceleration from current trends, but views the pace of data center construction as supportive of multi-year demand rather than a short-term surge.
Asked about the i4311 portable 4-inch printer launched in February, Shaller said it is performing about 50% above the company’s normal expectations for a printer launch. He described the product as “new to the world” and said it allows users to print larger-format thermal transfer labels without returning to a printer station.
Shaller also addressed recent board resignations, saying the optics were “awful” but attributing the departures to the significantly increased time commitment required by the Honeywell transaction. He said all board members present for the acquisition vote supported the deal and that there was “no dissent.”
“We reported an excellent quarter,” Shaller said in closing, adding that Brady’s investments in R&D are paying off and that the company finished the quarter with momentum.
About Brady NYSE: BRCBrady Corporation is a global provider of identification and safety solutions, specializing in the design, manufacture and sale of products that help businesses improve safety, security and efficiency. The company offers an array of durable labels, signs, safety devices, printing systems and software platforms tailored to a wide range of industrial and commercial environments.
Founded in 1914 by William H. Brady, Brady Corporation has grown from a regional marker manufacturer into a diversified global enterprise.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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U.S. stocks traded mostly lower this morning, with the Nasdaq Composite falling around 200 points on Monday.
Following the market opening Monday, the Dow traded down 0.04% to 49,506.27 while the NASDAQ dipped 0.78% to 26,021.41. The S&P 500 also fell, dropping, 0.37% to 7,380.86.
Leading and Lagging Sectors
Energy shares jumped by 1.8% on Monday.
In trading on Monday, information technology stocks fell by 1.6%.
Top Headline
Brady Corporation (NYSE:BRC) reported upbeat first-quarter earnings on Monday before the market opened.
Brady reported adjusted earnings per share of $1.50, beating the consensus estimate of $1.34. In addition, it reported revenue of $435.23 million, beating the consensus estimate of $406.07 million, and representing a 13.8% increase year-over-year.
Equities Trading UP
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Commodities
In commodity news, oil traded up 1.4% to $106.93 while gold traded down 0.3% at $4,546.40.
Silver traded down 0.6% to $77.070 on Monday, while copper rose 0.2% to $6.3065.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.5%, while Spain's IBEX 35 Index rose 0.8%. London's FTSE 100 gained 1.3%, Germany's DAX rose 1.5%, while France's CAC 40 rose 0.4%.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Japan's Nikkei 225 falling 0.97%, Hong Kong's Hang Seng Index dipping 1.11%, China's Shanghai Composite declining 0.09% and India's BSE Sensex gaining 0.10%
Economics
The NAHB/Wells Fargo Housing Market Index climbed to 37 in May from 34 in April. The New York Fed's Services Business Activity Index rose 8.2 points to a reading of -5.8 in May. Photo via Shutterstock
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Brady Corporation (BRC +2.15%) rose by almost 17% by 2 p.m today on the release of its stellar third quarter 2026 earnings report. Clearly, the company has excellent trading momentum because management raised its full-year 2026 adjusted diluted earnings per share (EPS) guidance from a range of $4.95 to $5.15 to a new range of $5.20 to $5.30 while maintaining its underlying assumptions for tax rates and depreciation and amortization expenses.
Why Brady raised guidance The reason for the guidance hike? If you don't know it, you might be able to guess it. It largely comes down to data centers. The labeling, printing, and identification (barcode and RFID) products company might seem like a strange candidate for an under-the-radar AI stock. Still, the reality is that correctly labeling critical infrastructure in data centers is essential to ensuring their ongoing operation.
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As CEO, Russell Shaller noted on the earnings call, wire and identification make up 20% of Brady's revenue in the Americas and Asia, and the business's sales were up 19% in the quarter, helping drive organic sales in the Americas and Asia up 10.4%. Ultimately, total company sales rose 8.2% in the quarter.
Image source: Getty Images.
Where next for Brady The excellent momentum in its core business is good news ahead of its agreed acquisition of Honeywell's Productivity Solutions and Services (PSS) business for $1.4 billion. The deal will add Brady's strength in labeling and printing to PSS's expertise in mobile computing and barcode scanners. It's an exciting move that allows Brady's management to expand its customer base, generate $25 million in annual cost synergies, and unlock the full value of a leading player in the ID market.
Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Brady and Honeywell International. The Motley Fool has a disclosure policy.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Monday.
U.S. stocks settled mixed on Monday, with the S&P 500 and Nasdaq Composite falling during the session amid declines in tech stocks.
President Donald Trump struck an uncompromising tone on Iran, posting that the conflict would end only when Tehran issued "Documents of Surrender" and "admit their defeat to the great power and force of the magnificent U.S.A."
In earnings, Brady Corp. (NYSE:BRC) reported upbeat first-quarter earnings on Monday.
On the economic data front, the NAHB/Wells Fargo Housing Market Index climbed to 37 in May from 34 in April. The New York Fed’s Services Business Activity Index rose 8.2 points to a reading of -5.8 in May.
Most sectors on the S&P 500 closed on a positive note, with energy, financial and consumer staples stocks recording the biggest gains on Monday. However, information technology and industrials stocks closed the session lower.
The Dow Jones closed higher by around 160 points to 49,686.12 on Monday. The S&P 500 fell 0.07% to 7,403.05, while the Nasdaq Composite dipped 0.51% at 26,090.73 during Monday's session.
What Is CNN Business Fear & Greed Index?At a current reading of 61.8, the index remained in the “Greed” zone on Monday, versus a prior reading of 63.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Photo via Shutterstock
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Brady Corporation NYSE: BRC just broke out of its traditional industrial mold, fueled by capacity-constrained demand for AI data center infrastructure and a highly accretive $1.4 billion acquisition. With gross margins expanding, this under-the-radar compliance manufacturer is rapidly repricing as a premier picks-and-shovels enterprise automation play.
Brady Today
$83.06 +1.89 (+2.32%)
As of 02:36 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$65.76▼
$99.29Dividend Yield1.18%
P/E Ratio18.93
Price Target$103.00
For decades, the market has viewed Brady Corporation as a reliable, slow-growth dividend payer that produces industrial labels and safety signs. That narrative was shattered following an aggressive single-day stock repricing of over 18%. The primary catalyst was a massive earnings beat and a structural upward revision in full-year guidance.
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Beneath the headline numbers, a structural shift is taking place in the physical economy. The hyper-growth in artificial intelligence relies entirely on physical data center infrastructure. Upgrading and expanding these facilities requires immense compliance efforts, including high-margin wire identification, automated tracking hardware, and safety infrastructure. Brady Corporation stands directly in the path of this capital expenditure avalanche.
Wiring the AI BoomThe company's fiscal Q3 2026 earnings report revealed exceptional fundamental momentum. Brady Corporation reported record adjusted earnings per share (EPS) of $1.50, beating the Wall Street consensus estimate of $1.35. Revenue rose 13.8% year-over-year (YOY) to $435.24 million, comfortably clearing the anticipated $406.07 million.
The regional breakdown isolates exactly where this growth originates. The Wire and Identification segment posted 19% growth in the Americas and Asia region and 13% growth in Europe. Management directly attributes this volume to data center construction. Data center integrators are currently operating at virtual capacity limits, creating a multi-year backlog for Brady Corporation's identification infrastructure. Facilities cannot come online without exhaustive cable tagging and safety tracing, making Brady Corporation products a mandatory, non-negotiable line item in server farm construction budgets.
Furthering the organic growth narrative, the newly launched i4311 portable thermal printer is currently selling 50% above internal launch projections. The i4311 targets plant safety and manufacturing professionals, allowing operators to print complex compliance tags directly on the warehouse floor. In the industrial printing space, hardware placement guarantees a recurring revenue stream of high-margin specialty adhesive labels and proprietary ink ribbons. This razor-and-blade model creates a highly sticky consumable ecosystem that generates cash flow long after the initial equipment sale.
Crucially, this demand surge comes with heavy pricing power. Brady Corporation expanded gross margins by 50 basis points YOY to 51.8%. Operating cash flow jumped 30.7% to $78.2 million. When an industrial manufacturer pushes gross margins past 50%, it signals that it provides mission-critical, highly engineered solutions rather than commoditized hardware.
Powering Up: Brady Acquires Honeywell PSSWhile organic growth accelerates, management executed a major capital allocation pivot by agreeing to acquire the Productivity Solutions and Services division from Honeywell International NASDAQ: HON for $1.4 billion.
This transaction immediately doubles the addressable market for Brady Corporation. The Productivity Solutions and Services unit generates roughly $1.1 billion in annual revenue, adding significant scale and positioning Brady Corporation in the enterprise-level workforce productivity sector. By securing established mobility computers, barcode scanners, and operational intelligence software, Brady Corporation will compete directly with legacy giants like Zebra Technologies NASDAQ: ZBRA in the automated identification and data capture market.
Financially, the deal structure protects Brady's balance sheet. Financed via a $500 million term loan and $800 million in private placement debt, Brady Corporation leverages a preexisting $148.6 million net cash position and robust free cash flow to fund the expansion. Management expects an interest rate below 6% on the debt and projects net leverage will sit around two to 2.5 times at closing. Thanks to its strong cash generation capabilities, Brady Corporation plans to deleverage quickly to below 2x within 2 years.
Management projects the acquisition will deliver 80 cents of adjusted EPS accretion in year one, before factoring in any operational savings. The market briefly misunderstood this transaction when two board members resigned earlier in the month, triggering a 10% sell-off. Management quickly clarified that the departures stemmed entirely from the severe, unexpected time commitments required to execute the complex integration, rather than internal friction. The board voted unanimously to approve the transaction, signaling total internal alignment on the strategic pivot.
Big Money Accumulates BradyOverall MarketRank™99th Percentile
The climb in Brady's stock price to above $84 was not driven by retail short-squeeze mechanics. Short interest is negligible at 1.27% of the float, or roughly 540,000 shares. The aggressive price action stems entirely from genuine institutional accumulation and a fundamental recalibration of valuation multiples. Major quantitative and index players, such as First Trust Advisors and Dimensional Fund Advisors, hold significant positions, providing a stable foundation for the stock.
Derivatives data heavily support the bullish thesis. Options trading volume and bullish call flow entirely eclipsed historical earnings-day averages for Brady Corporation. Market makers are actively pricing in a sustained volatility expansion as institutional investors digest the pivot toward AI data center infrastructure.
Insiders recognized the valuation disconnect early. During the third quarter, management repurchased 63,000 shares at an average price of $81.59 per share. This capital deployment signals strong internal conviction in Brady's intrinsic value prior to the blowout earnings release.
Fully Charged: Plugging in for the Long HaulDespite pushing higher, Brady Corporation's valuation metrics remain well-grounded. The stock trades at a trailing price-to-earnings (P/E) ratio of about 20 and a forward P/E ratio of just 17. Compared to peers in enterprise automation trading at steep growth premiums, Brady Corporation offers a highly profitable, lower-risk entry point for sector exposure.
The yield profile heavily favors long-term holders. Brady Corporation yields 1.1% and pays 98 cents annually. Backed by a 39-year consecutive track record of dividend increases, Brady Corporation holds elite status as a dividend aristocrat. The payout ratio remains highly conservative at just 23% of earnings and 14% of cash flow, leaving ample capital to service the new acquisition debt while continuing to raise the dividend.
Following the raised full-year fiscal 2026 adjusted EPS guidance to $5.20 to $5.30, Wall Street analysts are actively resetting consensus price targets to the $100 to $102 range. Investors seeking exposure to the physical buildout of AI infrastructure without paying extreme big tech multiples may want to add Brady Corporation to their watchlists. Cautious investors might prefer to wait for a broader market pullback to initiate a position, allowing the initial post-earnings volatility to settle into a new technical base.
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MILWAUKEE, May 19, 2026 (GLOBE NEWSWIRE) -- On May 19, 2026, Brady Corporation’s (NYSE: BRC) Board of Directors declared a dividend to shareholders of the company’s Class A Common Stock of $0.245 per share, payable on July 31, 2026, to shareholders of record at the close of business on July 10, 2026.
Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2025, employed approximately 6,400 people in its worldwide businesses. Brady’s fiscal 2025 sales were approximately $1.51 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC. More information is available on the Internet at www.bradyid.com.
For More Information Contact:
Investor Contact: Ann Thornton (414) 438-6887
Media Contact: Kate Venne (414) 438-5176
June 08, 2026 07:00 ET | Source: Brady Corporation
Russell Shaller to Retire After an Accomplished 11-year Tenure with BradyCurrent Board Member, Vineet Nargolwala, Appointed Chief Executive Officer MILWAUKEE, June 08, 2026 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Brady” or “Company”), today announced that the Board of Directors has appointed Vineet Nargolwala, an accomplished technology executive and a current member of the Company’s Board of Directors, to succeed Russell Shaller as Chief Executive Officer effective June 8, 2026. Mr. Shaller recently informed the Board of Directors of his decision to retire as both an officer and director of the Company. At the request of the Board of Directors, Mr. Shaller will remain with the Company in a consultative position until August 1, 2026, to ensure a smooth transition. Mr. Nargolwala will remain a member of the Board of Directors.
Bradley Richardson, Chair of the Board of Directors of Brady Corporation, said, “On behalf of our Board and the entire Brady team worldwide, I would like to thank Russell for his unparalleled contributions to the Company over the past eleven years. Under his leadership, the Company made strategic investments that drove market share, record-high EPS results, and strong returns to our shareholders. During his tenure as CEO, the market value of the company rose nearly 90%. We are eternally grateful to Russell, and we wish him the very best in his retirement.”
“It has been a privilege to lead the Brady Corporation team,” said Russell Shaller. “Together, we launched incredible new products, expanded our portfolio through key strategic acquisitions, and achieved five consecutive years of both organic sales growth and record EPS. I have worked closely with Vineet over the past four years, and I believe that I leave the organization in extremely capable hands. I am excited for the future of Brady as it embarks upon the next chapter of growth.”
The Board of Directors believes that Mr. Nargolwala is uniquely qualified to succeed Mr. Shaller as the Chief Executive Officer as the Company significantly expands and transforms with the announced acquisition of the Productivity Solutions and Services (“PSS”) business from Honeywell. He is a proven public company CEO with extensive experience leading growth and cultural transformations in global technology organizations with deep engineering and technology cultures.
Mr. Nargolwala previously served as President, Chief Executive Officer and Director of Allegro MicroSystems, Inc. from June 2022 to February 2025. Prior to joining Allegro, Mr. Nargolwala was with Sensata Technologies for nearly a decade. He has served on the Company’s Board of Directors for the past four years and has been intricately involved in the Board’s assessment of, and the decision to acquire, the PSS business. Earlier in his career, Mr. Nargolwala spent nearly 10 years at Honeywell in senior leadership roles.
Mr. Richardson continued, “We are exceptionally fortunate that Vineet has agreed to become the next Chief Executive Officer of Brady Corporation. He brings decades of experience in industrial technology applications, overseeing large, publicly traded organizations, nurturing culture, and driving transformation and growth. We believe that the combination of his experience on the Brady Board and his long tenure with Honeywell earlier in his career, uniquely positions him to lead our growth transformation. Vineet’s appointment as our next CEO is an important step that the Board is taking to enhance our leadership and Board composition as we transform the Company with the PSS acquisition, and we are confident in his ability to seamlessly integrate the PSS business with our existing strong Brady operations.”
Vineet Nargolwala said, “I am deeply honored to step into the role of CEO at such an important moment in our Company’s journey. Having served on the Board, I have had the privilege of seeing firsthand the talent, commitment and resilience that define this Company and underpin its strong reputation. I want to thank Russell for his leadership and contributions to position us for this exciting next chapter. I wish him and his family all the best in retirement.”
Mr. Nargolwala continued, “I could not be more excited about the opportunity that lies ahead as we prepare to close the most transformative acquisition in our company’s history. As we look to harness the tremendous potential of our complementary product lines, I am confident in this team’s ability to expand our capabilities and create even greater value for our customers, employees and shareholders.”
Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2025, employed approximately 6,400 people in its worldwide businesses. Brady’s fiscal 2025 sales were approximately $1.51 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC. More information is available on the Internet at www.bradyid.com.
In this news release, statements that are not reported financial results or other historic information are “forward-looking statements.” These forward-looking statements relate to, among other things, the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations.
The use of words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project,” “plan” or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements by their nature address matters that are, to different degrees, uncertain and are subject to risks, assumptions, and other factors, some of which are beyond Brady’s control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For Brady, uncertainties arise from: increased cost of materials, labor, material shortages and supply chain disruptions, including as a result of tariffs or other impacts of the global trade environment; decreased demand for our products; our ability to compete effectively or to successfully execute our strategy; our ability to develop technologically advanced products that meet customer demands; Brady’s ability to identify, integrate and grow acquired companies; difficulties in protecting our websites, networks, and systems against security breaches and difficulties in preventing phishing attacks, social engineering or malicious break-ins; risks associated with the loss of key employees; litigation, including product liability claims; global climate change and environmental regulations; foreign currency fluctuations; changes in tax legislation and tax rates; potential write-offs of goodwill and other intangible assets; differing interests of voting and non-voting shareholders and changes in the regulatory and business environment around dual-class voting structures; the possibility that events, changes or other circumstances could result in termination of the agreement to acquire the PSS business; our ability to complete the pending acquisition of the PSS business on the anticipated timeline or at all, including risks related to the timing, receipt and terms of required governmental and regulatory approvals and the satisfaction or waiver of other closing conditions; the potential effects of the pending acquisition and related integration planning on Brady’s and the PSS business’s relationships with customers, suppliers and other business partners, ability to retain, hire and integrate key personnel including officers, operating results and businesses generally; our ability to realize the anticipated strategic and financial benefits of the pending acquisition of the PSS business, including expected synergies, within the anticipated timeframe, or at all; numerous other matters of national, regional and global scale, including major public health crises and government responses thereto and those of a political, economic, business, competitive, and regulatory nature contained from time to time in Brady’s U.S. Securities and Exchange Commission filings, including, but not limited to, those factors listed in the “Risk Factors” section within Item 1A of Part I of Brady’s Form 10-K for the year ended July 31, 2025.
These uncertainties may cause Brady's actual future results to be materially different than those expressed in its forward-looking statements. Brady does not undertake to update its forward-looking statements except as required by law.
For More Information:
Investor contact: Ann Thornton 414-438-6887
Media contact: Kate Venne 414-469-2768
Sourced from organic Vietnamese coconuts, Good Nut delivers clean, refreshing hydration in three innovative flavors, including the first certified organic chocolate coconut water on the market
PHILADELPHIA--(BUSINESS WIRE)--Seven-time World Champion, entrepreneur, and philanthropist Tom Brady is bringing his relentless pursuit of peak performance to the beverage aisle. As the latest expansion of his partnership with Gopuff, the leader in instant commerce, Brady today announced the launch of Good Nut, a premium line of organic coconut water designed for those who refuse to compromise on quality or taste, available exclusively on Gopuff.
Gopuff and Tom Brady launch Good Nut, a premium line of organic coconut water designed for those who refuse to compromise on quality or taste. Now available exclusively on Gopuff.
Share “Hydration has always been a big part of my routine, and while coconut water has been a staple for me, I knew we could take it to a completely different level by teaming up with Gopuff,” said Tom Brady. “With Good Nut, we focused on keeping the ingredients simple and clean, making sure it’s exactly what I’d want in my own fridge.”
As consumers continue to seek less processed, lower-sugar beverages, the global market for coconut water is expected to reach $11 billion by 2030. This demand is also evident with Gopuff customers as coconut water sales have surged 115% year-over-year on the platform.
Capitalizing on this shift, Good Nut offers a premium alternative to over-processed sports drinks. Sourced from organic Vietnamese coconuts and with no added sugars, Good Nut delivers a clean, refreshing hydration experience in a sleek 11.8 oz can. True to Brady’s disciplined approach to nutrition, the entire line contains no added sweeteners and nothing artificial. Good Nut is available in three delicious flavors, including:
Original Coconut Water: Made from handpicked Vietnamese coconuts, refined for flavor, texture, and refreshment down to the last sip. It’s the perfect, clean coconut water. Chocolate Coconut Water: Move over, chocolate milk. Made with only three, simple ingredients, and no added sugars, Good Nut Chocolate Coconut Water is rich and creamy, even without the dairy. It’s the first and only certified organic chocolate coconut water on the market. Sparkling Coconut Water: Brighter, bubblier and refreshing in a way plain water never could be. “Good Nut started with Tom telling us about how much he loves drinking chocolate coconut water,” said Tyler Stewart, Head of Marketing at Gopuff. “We quickly realized there was an opportunity to shake up the category with a product that tastes incredible, uses great ingredients, and has a bold brand that gets people talking. Blending premium products with brands that are playful, unexpected, and don’t take themselves too seriously has become a huge part of how we build together with Tom. Whether it’s GOAT Gummies, our lobbying campaign with Super Monday Off, or now Good Nut, we’re always trying to give our customers and fans more of what they want, and of course entertain them a little along the way.”
To kick off the launch, Brady leans into Good Nut’s unconventional name with a new brand video. Throughout the video, Brady delivers a polished pitch highlighting the quality and benefits of the product, yet he consistently stops short of naming it. The punchline, of course, is the name he refuses to say: Good Nut. Watch it here!
Whether recovering from a workout or looking for a clean afternoon pick-me-up, Gopuff ensures that fans and health-conscious consumers can get Good Nut’s elite-level hydration delivered in as fast as 15 minutes. Beginning today, Good Nut is available exclusively on Gopuff for $3.29 per can, with discounted pricing of $2.96 per can available to FAM members.
Gopuff was built to bring the world’s best products to your door in minutes, but it has evolved into a platform where some of those products are born. The company has established itself as the go-to launchpad and growth engine for emerging talent-led brands, including Tom Brady’s GOAT Gummies, Selena Gomez’s co-branded Serendipity ice cream bars, Giannis Antetokounmpo's FR34K Gummies, a limited-edition Halloween chocolate bar with Alix Earle, and more. With nationwide infrastructure, control over its inventory, and a model built for speed, Gopuff connects fans with their favorite brands in minutes.
About Gopuff
Gopuff, the leader in instant commerce, offers more than 5,000 products delivered in as fast as 15 minutes. Founded in 2013 by Yakir Gola and Rafael Ilishayev, the company operates its own micro-fulfillment centers, leveraging proprietary technology and a hyper-local logistics network to offer speed, reliability, and affordability to millions of customers across the U.S. and U.K.
To learn more, visit www.gopuff.com or follow Gopuff on Facebook, X or Instagram. Download the Gopuff app on iOS and Android.
Shares in labeling, printing, and identification company Brady Corporation (BRC +2.15%) slumped by 10.4% by 1 p.m. today. The move comes as the company announced the immediate retirement of its CEO, Russell Shaller. Here's why the move matters.
Brady's CEO transition Shaller will remain in a consultative position until the start of August and will be replaced by a member of Brady's board, Vineet Nargolwala, who will remain a member of the Board as CEO.
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The timing of the move may concern many investors, as it comes ahead of a major strategic transformation, with the company set to acquire Honeywell's Productivity Solutions and Services (PSS) business in the second half of 2026. The acquisition will add PSS's mobile and handheld scanning devices expertise with Brady's printing and labeling strength. While some apprehension around the timing of the CEO transition is understandable, it should be noted that Nargolwala spent a large part of his career (almost a decade) at Honeywell and had other senior roles at Allegro MicroSystems and Sensata Technologies.
Image source: Getty Images.
Where next for Brady The dip looks like an attractive buying opportunity, not least because Brady offers investors the combination of an under-the--radar play on AI (labeling of data centers) and an acquisition-led growth story driven by acquiring a leading company (PSS) whose management may have been distracted by the parent company's breakup.
Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Brady and Honeywell International. The Motley Fool has a disclosure policy.
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