Oshkosh Corp Files 8-K on Operations and Financials

TL;DR

OSK filed an 8-K, expect updates on financials soon.

AI Summary

Oshkosh Corporation filed an 8-K on April 25, 2024, to report on its results of operations and financial condition, as well as to file financial statements and exhibits. The filing does not contain specific financial figures or operational details within the provided text, but indicates a formal reporting event.

Why It Matters

This filing serves as an official update from Oshkosh Corporation to the SEC regarding its financial performance and operational status, providing transparency to investors.

Risk Assessment

Risk Level: low — The filing is a standard disclosure and does not inherently present new risks.

Key Players & Entities

• Oshkosh Corporation (company) — Registrant
• Wisconsin (location) — State of incorporation
• 1917 Four Wheel Drive (address) — Principal executive offices
• OSK (ticker) — Company ticker symbol

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock ($0.01 par value) OSK New York Stock Excha
• $793.4 million — ave recorded deferred contract costs of $793.4 million that primarily relate to the NGDV progr
• $760 million — omestic JLTV contract was approximately $760 million at March 31, 2024 and production is exp
• $410.0 million — llar-branded telehandlers accounted for $410.0 million in sales in 2023. If we are unable to r
• $130 million — ets in which we compete. While we spent $130 million for research and development in 2023, w

Filing Documents

• osk-20240425.htm (8-K) — 142KB
• osk-ex99_1.htm (EX-99.1) — 512KB
• img97721342_0.jpg (GRAPHIC) — 53KB
• img97721342_1.jpg (GRAPHIC) — 6KB
• 0000950170-24-047929.txt ( ) — 891KB
• osk-20240425.xsd (EX-101.SCH) — 25KB
• osk-20240425_htm.xml (XML) — 4KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On April 25, 2024, Oshkosh Corporation (the "Company") issued a news release (the "News Release") announcing its earnings for the quarter ended March 31, 2024. A copy of such news release is furnished as Exhibit 99.1 and is incorporated by reference herein. On April 25, 2024, the Company is holding a conference call in connection with the Company's announcement of its earnings for the quarter ended March 31, 2024. An audio replay of such conference call and the related question and answer session along with a March 31, 2024 slide presentation utilized during the call will be available for at least twelve months on the Company's website at www.oshkoshcorp.com . The information, including, without limitation, all forward-looking statements, contained in the News Release and related slide presentation on the Company's website (the "Slide Presentation") or provided in the conference call and related question and answer session speaks only as of April 25, 2024. The Company assumes no obligation, and disclaims any obligation, to update information contained in the News Release and the Slide Presentation or provided in the conference call and related question and answer session. Investors should be aware that the Company may not update such information until the Company's next quarterly earnings conference call, if at all. The News Release and the Slide Presentation contain, and representatives of the Company may make during the conference call and the related question and answer session, statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in the News Release and the Slide Presentation or made during the conference call and related question and answer session, including, without limitation, statements regarding the Company's future financial position,

RISK FACTORS

RISK FACTORS Business and Operational Risks Our markets are highly cyclical. Declines in these markets could have a material adverse effect on our operating performance. The access equipment market is highly cyclical and impacted (i) by the strength of economies in general and customers' perceptions concerning the timing of economic cycles, (ii) by residential and non-residential construction spending, (iii) by the ability of rental companies to obtain third-party financing to purchase revenue generating assets, (iv) by capital expenditures of rental companies in general, including the rate at which they replace aged rental equipment, which is impacted in part by historical purchase levels, (v) by the timing of regulatory standard changes, and (vi) by other factors, including oil and gas related activity. Fire apparatus markets are cyclical later in an economic cycle and are impacted by the economy generally and by municipal tax receipts and capital expenditures. Refuse collection vehicle markets are also cyclical and impacted by the strength of economies in general, by municipal tax receipts and by the size and timing of capital expenditures, including replacement demand, by large waste haulers. Air transportation equipment markets are also cyclical and impacted by the rates of expansion, consolidation and replacement of equipment within the air transportation equipment markets which in turn are driven by the global demand for air transportation services. If demand for our products is lower than what we or the market expect, due to a recession or other factors, then there could be an adverse effect on our net sales, financial condition, profitability and/or cash flows. 2 Our performance under the United States Postal Service (USPS) contract may not be what we expect. In February 2021, the USPS selected us to build its Next Generation Delivery Vehicle (NGDV). The indefinite delivery/indefinite quantity (IDIQ) contract allows for the purchase of up to 165

View Full Filing

View this 8-K filing on SEC EDGAR