40 material Form 8-K filings that 39 companies we cover made with the SEC in October 2023, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Federated Hermes reported third quarter 2023 diluted EPS of $0.86, up from $0.78 a year earlier, on net income of $75.0 million. Total managed assets reached a record $715.2 billion at Sept. 30, 2023, driven mainly by money market assets, and the board declared a $0.28 dividend and authorized a new repurchase of up to 5 million shares.
Q3 2023 diluted EPS of $0.86 vs. $0.78 in Q3 2022; net income of $75.0 million vs. $69.5 million
Total revenue of $402.7 million, up 6% from Q3 2022 but down 7% from Q2 2023's $433.2 million
Record total managed assets of $715.2 billion at Sept. 30, 2023; money market assets a record $525.1 billion
Dividend of $0.28 per share payable Nov. 15, 2023; new buyback authorization of up to 5 million shares
Ameris Bancorp reported unaudited third-quarter 2023 net income of $80.1 million, or $1.16 per diluted share, up from $62.6 million ($0.91) in the second quarter but down from $92.6 million ($1.34) in the third quarter of 2022. The board also authorized up to $100.0 million in share repurchases through October 31, 2024, and the company will discuss results on a call on October 27, 2023.
Net income of $80.1 million, or $1.16 per diluted share, versus $62.6 million ($0.91) in Q2 2023 and $92.6 million ($1.34) in Q3 2022
Net interest margin fell to 3.54% from 3.97% a year earlier, which the company attributed mainly to rising deposit costs
Board authorized repurchases of up to $100.0 million of common stock, effective through October 31, 2024
Tangible book value per share was $32.38 at September 30, 2023, up from $28.62 a year earlier
Deckers reported second-quarter fiscal 2024 revenue up 25% to a record $1.092 billion and diluted earnings per share up 79% to $6.82, and raised its full-year fiscal 2024 revenue guidance to $4.025 billion and its diluted EPS guidance to $22.90-$23.25. The company also said it intends to divest its Sanuk brand, so shareholders should watch for a buyer and its terms.
Q2 fiscal 2024 net sales rose 24.7% to $1.092 billion; diluted EPS was $6.82 versus $3.80 a year earlier
Fiscal 2024 net sales guidance raised to approximately $4.025 billion; diluted EPS guidance raised to $22.90 to $23.25
Company repurchased shares for $185.5 million in the quarter and had about $1.146 billion left under its buyback authorization
Intent to divest the Sanuk brand, which had $5.4 million in quarterly net sales
SkyWest reported third-quarter 2023 net income of $23 million, or $0.55 per diluted share, down from $48 million, or $0.96, a year earlier. Revenue fell 3% to $766 million, and the company deferred $57 million of revenue tied to modified terms in its amended flying contracts, which weighed on results for shareholders.
Q3 2023 revenue was $766 million, down $23 million, or 3%, from $789 million in Q3 2022
Q3 2023 operating expenses rose $3 million to $717 million, driven by higher employee compensation, including pilot pay scales
SkyWest deferred $57 million of revenue in Q3 2023 versus recognizing $13 million of previously deferred revenue in Q3 2022
SkyWest secured a flying agreement with United Airlines for 19 new E175 aircraft, with deliveries from late 2024 through 2026
Kirby reported third quarter 2023 net earnings attributable to Kirby of $63.0 million, or $1.05 per diluted share, up from $39.1 million, or $0.65, a year earlier, on revenue of $764.8 million versus $745.8 million. Shareholders gain a clear year-over-year improvement in both earnings and revenue, and the company gave an outlook for the fourth quarter and full-year 2023 cash flow and capital spending.
Q3 2023 net earnings attributable to Kirby were $63.0 million, or $1.05 per diluted share, versus $39.1 million, or $0.65, in Q3 2022.
Consolidated revenues were $764.8 million in Q3 2023 compared with $745.8 million in Q3 2022.
Operating margins were 14.8% in marine transportation (9.6% a year earlier) and 9.9% in distribution and services (7.1% a year earlier).
For 2023, Kirby expects net cash provided by operating activities of $475 million to $525 million and capital spending of $330 million to $380 million.
Tootsie Roll reported third quarter 2023 net sales of $248.3 million, up 17% from $211.9 million a year earlier, and net earnings of $34.4 million, or $0.49 per share, versus $0.37 per share in 2022. Higher sales price realization was the main driver, but management said higher input costs offset much of the benefit and expects timing of pre-Halloween sales to weigh on fourth-quarter 2023 sales and earnings.
Third quarter net sales were $248,336,000 versus $211,888,000 in 2022, an increase of 17%
Third quarter net earnings were $34,382,000, or $0.49 per share, versus $26,577,000, or $0.37 per share, in 2022
Nine-month 2023 net sales were $567,884,000, up 15%, and nine-month net earnings per share were $0.89 versus $0.71
Management expects fourth-quarter 2023 sales and earnings to be adversely affected by sales timing versus fourth quarter 2022, and expects 2024 ingredient and packaging unit costs to be even higher than in 2023
W.W. Grainger reported third-quarter 2023 results with net sales of $4.2 billion, up 6.7%, and diluted EPS of $9.43, up 14.1% from a year earlier. The company also narrowed its full-year 2023 guidance, with diluted EPS now expected at $36.00 to $36.60, compared with the prior range of $35.00 to $36.75.
Q3 2023 net sales were $4,208 million, up 6.7%, or 8.7% on a daily, constant currency basis
Operating earnings were $667 million, up 10.7%, with operating margin of 15.9%, up 60 basis points
Full-year 2023 diluted EPS guidance narrowed to $36.00 to $36.60 from $35.00 to $36.75; net sales guidance narrowed to $16.4 billion to $16.6 billion from $16.4 billion to $16.8 billion
Q3 operating cash flow was $523 million; $287 million was returned to shareholders through dividends and share repurchases
Brunswick reported third-quarter 2023 net sales of $1,593.6 million, down 6.2% from a year earlier, with GAAP diluted EPS of $1.63 (down 27.9%) and adjusted diluted EPS of $2.42 (down 9.4%). The company updated its 2023 full-year guidance to adjusted diluted EPS of approximately $9.00 and net sales of $6.45 billion to $6.5 billion, which shareholders will weigh against the lower quarterly results.
Q3 2023 net sales $1,593.6 million, down from $1,698.2 million in Q3 2022
GAAP diluted EPS $1.63 and adjusted diluted EPS $2.42, versus $2.26 and $2.67 a year earlier
Updated 2023 guidance: net sales of $6.45 to $6.5 billion, adjusted diluted EPS of approximately $9.00, and free cash flow above $375 million
Boat segment net sales fell 16.1% and Navico Group sales fell 9.1% in the quarter
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.