Business Context and Reporting Period
Company: Emerson Electric Co.
Filing Type: Form 8-K (Current Report)
Date of Report: May 19, 2010
Event: Regulation FD Disclosure regarding an update to the fiscal year 2010 outlook provided by Chairman and CEO David N. Farr during the 2010 Electrical Products Group Conference in Longboat Key, Florida.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a disclosure notice referencing an attached investor slide presentation (Exhibit 99.1) which contains the specific financial outlook and non-GAAP measures.
Material Changes
The filing indicates an update to the Company's previously issued outlook for fiscal year 2010. Specific details regarding the magnitude or direction of changes to prior guidance are not contained within the text of this Form 8-K but are located in the referenced Exhibit 99.1.
Guidance, Outlook, and Risks
- Outlook Update: Management provided an updated outlook for fiscal year 2010 during the May 19, 2010 presentation.
- Non-GAAP Measures: The presentation includes non-GAAP financial measures defined under Regulation G. Management considers these useful for evaluation but notes they are supplemental to GAAP information.
- Forward-Looking Statements: The presentation contains forward-looking statements involving risks and uncertainties. The Company disclaims any obligation to update these statements.
- Risk Factors: Identified risks include economic and currency conditions, market demand, pricing, and competitive and technological factors, as detailed in the most recent Form 10-K.
Investor Verification Checklist
- Review Exhibit 99.1 (Portions of Investor Slide Presentation) for specific numerical updates to the fiscal year 2010 outlook.
- Verify the reconciliation of non-GAAP financial measures to GAAP figures as required by Regulation G.
- Consult the most recent Form 10-K for a comprehensive list of risk factors referenced in this filing.
- Confirm the availability of the presentation on the Investor Relations section of the company website (www.Emerson.com/financial).