Brady Corp. (BRC), a provider of identification solutions, announced a significantly narrower second-quarter net loss of $8.7 million, compared with a $90.0 million loss last year. Loss per Class A Share narrowed sharply to $0.17 in the quarter, from $1.72 loss per share in the same quarter prior year.
Non-GAAP net income amounted to $19.5 million in the second quarter of fiscal 2013. Excluding restructuring charges, non-routine items, and other, non-GAAP earnings per Class A Share were $0.38 in the latest quarter.
Sales for the fiscal 2013 second quarter were up 1.1 percent to $324.2 million, from $320.6 million a year ago. Organic sales declined 3.1 percent, the impact of foreign currency translation increased sales by 0.2 percent, and acquisitions, net of divestitures added 4.0 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.