Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Lincoln Electric (LECO)

Lincoln Electric Q2 sales fall 3.7% to $1,022 million; diluted EPS drops to $1.77

Negative Impact 3 of 5 earnings Written later

Lincoln Electric reported second-quarter 2024 net sales of $1,022 million, down 3.7% from a year earlier, and diluted EPS of $1.77, versus $2.36 in the prior-year quarter. Adjusted EPS fell to $2.34 from $2.44, so both sales and profit declined for shareholders in the period.

Key points

  • Net sales fell 3.7% to $1,022 million; organic sales decreased 4.4% and acquisitions added 1.2%
  • Diluted EPS was $1.77 versus $2.36; special item charges reduced EPS by $0.57; adjusted EPS was $2.34 versus $2.44
  • Operating income was $148.8 million (14.6% of sales) versus $178.0 million, including $26.5 million of rationalization and asset impairment charges
  • Cash from operations was $171 million, and the company returned $91 million to shareholders through dividends and share repurchases

The filing

CompanyLincoln Electric (LECO)
Form8-K, current report
Filed with the SECJul 31, 2024, 9:20 AM ET
Accession number0000059527-24-000027

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2024.

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.