Every material Form 8-K Moog filed with the SEC in 2024, 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). Newest first; each brief links to its own page and to the filing on SEC.gov.
Moog announced two leadership changes. Chief Operating Officer Mark Trabert plans to retire as COO effective December 31, 2024, and remain an Executive Vice President until retiring in February 2025. Director Brian J. Lipke plans to retire from the Board before the 2025 annual shareholder meeting after 21 years of service.
Mark Trabert retires as COO effective December 31, 2024, after a 40-year career with Moog; he stays as EVP until February 2025
Operating Group Presidents will report directly to CEO Pat Roche once Trabert's COO role ends
Brian J. Lipke intends to retire from the Board immediately before the 2025 annual meeting after 21 years as director
Moog reported fiscal fourth-quarter 2024 net sales of $917 million, up 5%, and full-year sales of $3.6 billion, up 9%, which it described as a record. Fourth-quarter operating margin fell to 9.1% from 10.1% because of higher restructuring and other charges, while diluted earnings per share rose 8% to $1.33. The company guided fiscal 2025 to $3.7 billion in net sales and $8.20 diluted earnings per share, compared with $6.40 in fiscal 2024, and declared a $0.28 quarterly dividend.
Q4 2024 net sales were $917 million, up from $872 million a year earlier; diluted EPS was $1.33 versus $1.23.
Q4 2024 operating margin was 9.1%, down 100 basis points, due to higher charges related to simplification initiatives.
FY2025 guidance: net sales of $3.7 billion and diluted EPS of $8.20, compared with $3.6 billion and $6.40 in FY2024.
Quarterly dividend of $0.28 per share is payable December 6, 2024 to holders of record as of November 21, 2024.
Moog reported fiscal third quarter 2024 net sales of $905 million, up 6%, and diluted earnings per share of $1.74, up 32% from the prior year. The company raised its fiscal 2024 net sales guidance to $3,575 million from $3,550 million and its adjusted diluted earnings per share guidance to $7.40 from $7.25, while lowering its GAAP diluted earnings per share guidance slightly to $6.85 from $6.87. The company also declared a $0.28 per share quarterly dividend payable August 29, 2024.
Q3 fiscal 2024 net sales of $905 million rose 6%, and diluted EPS of $1.74 rose 32% from $1.32
Adjusted diluted EPS was $1.91, up 39% from $1.37, and adjusted operating margin rose 210 basis points to 12.3%
FY2024 guidance: net sales raised to $3,575 million from $3,550 million; adjusted diluted EPS raised to $7.40 from $7.25; GAAP diluted EPS lowered to $6.85 from $6.87
Quarterly dividend of $0.28 per share payable August 29, 2024 to holders of record as of August 16, 2024
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Moog filing is on SEC EDGAR ↗. 8-K briefs of other companies →