Press release content from Globe Newswire. The AP news staff was not involved in its creation.
La-Z-Boy Announces Kurt Darrow to Retire as CEO; Will Remain Chairman of the Board
La-Z-Boy IncorporatedFebruary 16, 2021 GMT
MONROE, Mich., Feb. 16, 2021 (GLOBE NEWSWIRE) La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Kurt L. Darrow will retire from his positions as President and Chief Executive Officer (“CEO”) on April 25, 2021, after more than 40 years of service to the company. His retirement follows the end of La-Z-Boy’s fiscal 2021 year. He will remain Chairman of the Board of Directors, in a non-executive capacity.
Press release content from Newswire. The AP news staff was not involved in its creation.
teakruthi, a Leading Producer of All-Natural and Eco-Friendly Ceylon Tea, is the Proud Recipient of 5 Golden Leaf Awards for 2020
February 17, 2021 GMT
teakruthi s Afternoon Ritual, Ahimsa Veda, and Ceylon Ivory were awarded Gold medals, while The Vanilla Earl and Scottish Legacy earned Silver medals
teakruthi s Afternoon Ritual, Ahimsa Veda, and Ceylon Ivory were awarded Gold medals, while The Vanilla Earl and Scottish Legacy earned Silver medals
CLAYMONT, Del. - February 17, 2021 - ( Newswire.com )
The Golden Leaf Awards was developed by the Australian Tea Masters Association Pty. Ltd., to promote and provide recognition to the high-quality teas available globally. They have been honouring the world’s best-tasting teas since 2016.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Valmont Reports Fourth Quarter and Full Year 2020 Results
February 17, 2021 GMT
OMAHA, Neb. (BUSINESS WIRE) Feb 17, 2021
Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today reported financial results for the fourth quarter and fiscal year ended December 26, 2020.
Fourth Quarter 2020 Highlights
(all metrics compared to Fourth Quarter 2019 unless otherwise noted)
Net Sales of $798.4 million increased 16.8% led primarily by significantly higher sales in Irrigation and Utility Support Structures
Operating Income of $54.1 million, or 6.8% of sales ($68.8 million or 8.6% of sales adjusted 1 ) compared to $50.8 million or 7.4% of sales last year
BANGKOK (AP) Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains.