(Reuters) - The supplier of tools, hardware and security systems
lowered the upper end of its 2007 earnings forecast range and
stood by its sales growth projection based on anticipation of
continued weak conditions in housing-related markets.
The New Britain, Connecticut-based company posted
second-quarter earnings of $85 million, or $1.01 a share,
compared with $75 million, or 90 cents a share, in the
year-earlier quarter. Net sales rose 10 percent to $1.1
billion.
Read more at Reuters.com Market News
lowered the upper end of its 2007 earnings forecast range and
stood by its sales growth projection based on anticipation of
continued weak conditions in housing-related markets.
The New Britain, Connecticut-based company posted
second-quarter earnings of $85 million, or $1.01 a share,
compared with $75 million, or 90 cents a share, in the
year-earlier quarter. Net sales rose 10 percent to $1.1
billion.
Read more at Reuters.com Market News
No comments:
Post a Comment