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La-Z-Boy Posts Higher Q1 Profit
2015-08-19 03:19:08| Furniture - Topix.net
The Monroe, Michigan-based company posted net income of $13.7 million, or $0.27 per share, compared to $13.1 million, or $0.25 per share, in the year-ago quarter. Its sales rose 4.4 percent year-over-year to $341.4 million.
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LaZBoy profit up on higher sales, wider margins
2015-08-18 23:02:30| Furniture - Topix.net
Known for its namesake recliners and its "made in America" pledge, the Monroe, Mich., company last year stopped domestic production of wood furniture, exited the hospitality business and started importing wood furniture. Meanwhile, the company has been expanding its store footprint in the U.S. as part of a push to open 400 stores, averaging $4 million in sales, over five years--what it calls its 4-4-5 strategy.
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FreightCar America: Poised To Chug Higher
2015-08-12 21:32:55| Railroads - Topix.net
Shares of FreightCar are down nearly 20% year-to-date as the company has fallen victim to worries regarding deterioration in the railroad and coal industries. Shares of FreightCar America are down nearly 20% year-to-date as the company has run into internal problems and an overall deterioration in railroad industry fundamentals.
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CAE to raise dividend 7%; higher Q1 revenue boosts profit to $44.5M
2015-08-12 20:23:24| Industrial Machines - Topix.net
CAE Inc. says its overall revenue grew nearly six per cent to $557 million in the company's fiscal first quarter due to increases in its civil aviation and health technology businesses. Revenue from CAE's defence and security business was stable at $196.9 million but revenue from civil aviation training rose nine per cent to $336.2 million and Healthcare contributed $23.9 million, up 23 per cent.
CAE to raise dividend 7%; higher Q1 revenue boosts profit to $44.5M
2015-08-12 17:09:37| Electronics - Topix.net
CAE Inc. says its overall revenue grew nearly six per cent to $557 million in the company's fiscal first quarter due to increases in its civil aviation and health technology businesses. Revenue from CAE's defence and security business was stable at $196.9 million but revenue from civil aviation training rose nine per cent to $336.2 million and Healthcare contributed $23.9 million, up 23 per cent.
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