344 material Form 8-K filings that 303 companies we cover made with the SEC in August 2024, 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).
Pathward, N.A., a subsidiary of Pathward Financial, agreed on August 28, 2024 to sell substantially all assets and liabilities of its commercial insurance premium finance business to AFS IBEX Financial Services, a subsidiary of Honor Capital Holdings. The cash price is based on a $617.1 million net asset value as of June 30, 2024, plus a $31.2 million premium, plus assumed liabilities. The company expects the deal to be roughly neutral to fiscal 2024 net income and EPS, excluding gains, and to close by the end of fiscal 2024.
Purchase price: $617.1 million net asset value as of June 30, 2024, plus a $31.2 million premium, plus assumed liabilities, subject to adjustment
Estimated pre-tax gain of approximately $17 million, per the investor presentation
Excluding gains, the company expects the transaction to be neutral to fiscal 2024 net income and EPS, and increasingly accretive over time as it redeploys capital
Closing expected by the end of fiscal 2024; fiscal 2025 guidance to be updated at that time; conference call on August 29, 2024 at 4:00 p.m. Central Time
Mosaic's Board approved the transition of Corrine D. Ricard from Senior Vice President - Digital Strategy to Senior Advisor, effective October 1, 2024, as she intends to retire. She will serve in the advisory role until her planned retirement at the end of 2024. The change is an orderly executive transition with no financial terms disclosed in the filing.
Board approved the change on August 22, 2024
Corrine D. Ricard moves from Senior Vice President - Digital Strategy to Senior Advisor effective October 1, 2024
At its August 27, 2024 annual meeting, La-Z-Boy shareholders approved the 2024 Omnibus Incentive Plan, which replaces the 2022 plan and authorizes 3,090,000 shares for grants. Shareholders also elected all ten director nominees, ratified PricewaterhouseCoopers LLP as auditor for fiscal 2025, and approved executive compensation in a non-binding advisory vote. The plan governs future equity and incentive awards to officers, directors and employees.
2024 Plan approved with 34,632,557 votes for and 2,307,990 votes against, with 47,141 abstentions and 2,194,896 broker non-votes
Plan authorizes 3,090,000 shares and replaces the La-Z-Boy Incorporated 2022 Omnibus Incentive Plan
All ten director nominees elected to serve until the 2025 annual meeting; Michael T. Lawton had the most votes withheld at 797,148
Non-binding say-on-pay vote approved with 35,751,445 votes for and 1,185,114 against
CooperCompanies reported fiscal third-quarter 2024 results for the quarter ended July 31, 2024, with revenue up 8% year over year and GAAP diluted EPS up 22%. The company also raised its fiscal 2024 financial guidance, including non-GAAP diluted EPS of $3.64 to $3.67, which gives shareholders a higher outlook for the year.
Quarterly revenue of $1,002.8 million, up 8% year over year; CooperVision rose 7% to $675.6 million and CooperSurgical rose 9% to $327.2 million.
GAAP diluted EPS of $0.52, up $0.09 or 22%; non-GAAP diluted EPS of $0.96, up 14%.
Fiscal 2024 guidance raised: total revenue of $3,892 to $3,913 million and non-GAAP diluted EPS of $3.64 to $3.67.
GAAP operating margin of 19% versus 16% a year earlier; free cash flow of $118.5 million.
Ally Financial Inc. disclosed that director Melissa Goldman notified the board on August 26, 2024 of her intention to resign, effective August 27, 2024. The filing says her decision was based on professional and personal priorities and was not due to any disagreement with Ally on its operations, policies, or practices.
Melissa Goldman notified the board on August 26, 2024 of her resignation as a director.
Her resignation took effect August 27, 2024.
The filing states the departure was not due to any disagreement with Ally.
Pure Storage reported second-quarter fiscal 2025 results for the quarter ended August 4, 2024, with revenue of $763.8 million, up 11% from a year earlier, and GAAP net income of $35.7 million, compared with a net loss of $7.1 million in the prior-year quarter. The company also guided to third-quarter revenue of $815 million and full-year fiscal 2025 revenue of $3.1 billion, with growth of 6.8% and 10.5% respectively.
Q2 revenue $763.8 million, up 11% year-over-year; subscription services revenue $361.2 million, up 25%
GAAP operating income $24.9 million vs. a $6.2 million loss a year earlier; diluted EPS $0.10 vs. $(0.02)
RB Global appointed M. Steve Lewis, 49, as Chief Operations Officer effective September 3, 2024, after a former GXO Logistics division president role. The filing sets his pay package, including a $650,000 base salary, a target bonus equal to 100% of salary, and a 2024 long-term incentive grant with an economic value of $1,625,000.
Lewis, 49, was Division President at GXO Logistics from 2023 to 2024 and previously held roles at XPO Logistics and Penn Power Group.
Employment agreement dated July 19, 2024 sets a $650,000 base salary and an STI bonus target of 100% of base salary, capped at 200% of salary.
Sign-on grant has an economic value of $1,000,000, split between restricted stock units and performance stock units vesting in March 2027.
If terminated without cause or for good reason, Lewis is entitled to 18 months of base salary and target bonus; a change-of-control double trigger pays 1.5 times salary and bonus.
Bath & Body Works reported second quarter 2024 net sales of $1,526 million, down 2.1% from $1,559 million a year earlier, and adjusted earnings per diluted share of $0.37 versus $0.40. The company updated its full-year 2024 guidance and raised planned share repurchases to $400 million from $300 million, while reported earnings per share rose to $0.68 on one-time gains and a tax benefit.
Q2 2024 net sales $1,526 million, down 2.1%; reported EPS $0.68 vs. $0.43, adjusted EPS $0.37 vs. $0.40
Reported Q2 results include a $39 million pre-tax gain on Easton investment sales and a $44 million tax benefit
Full-year 2024 adjusted EPS guidance $3.06 to $3.26, vs. $3.27 adjusted EPS in fiscal 2023; net sales guided to a decline of 4% to 2%
Planned share repurchases for 2024 increased to $400 million from $300 million; Q3 2024 EPS guidance $0.41 to $0.47
J.M. Smucker reported first-quarter fiscal 2025 results for the period ended July 31, 2024, with net sales up 18% to $2.1 billion, largely from the Hostess Brands acquisition. The company also lowered its full-year adjusted earnings per share guidance to $9.60 to $10.00 from $9.80 to $10.20, citing higher green coffee costs and softer demand in some categories, so shareholders face a mixed picture of strong growth alongside a weaker outlook.
Net sales were $2,125.1 million, up 18%; excluding acquisition, divestitures, and currency, net sales rose 1%.
GAAP net income per diluted share was $1.74, down from $1.79; adjusted EPS was $2.44, up 10% from $2.21.
Full-year fiscal 2025 adjusted EPS guidance was cut to $9.60 to $10.00 from $9.80 to $10.20; net sales growth guidance was lowered to 8.5% to 9.5%.
Free cash flow was $49.2 million, compared with $67.6 million a year earlier; full-year free cash flow guidance was cut to $875 million from $900 million.
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.