Stay updated with breaking news from Exchange Rate Changes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
KIMBERLY-CLARK ANNOUNCES THIRD QUARTER 2021 RESULTS DALLAS, October 25, 2021-Kimberly-Clark Corporation today reported third quarter 2021 results. Executive... | October 25, 2021
/PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the third quarter ended September 30, 2021. Third quarter 2021 reported net income...
Hormel Foods Reports Second Quarter Results And Reaffirms Full Year Earnings Guidance The company delivers record first half sales and increases full year sales guidance News provided by Share this article Share this article AUSTIN, Minn., May 20, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the second quarter of fiscal 2021. All comparisons are to the second quarter of fiscal 2020 unless otherwise noted. EXECUTIVE SUMMARY - SECOND QUARTER Record net sales of $2.6 billion, up 8% Pretax earnings of $293 million, ...
**** pp represents percentage points Revenue increased by 176.9% to $24.21 million, primarily attributable to increase in sales volume of CMP and offset printing paper, as well as the increase in Average Selling Prices ("ASPs") of CMP and tissue paper products. Gross profit was $1.83 million, compared to gross loss of $0.17 million for the same period of last year. Gross margin was 7.5%, compared to gross loss margin of 1.9% for the same period of last year. Loss from operations was $0.72 million, compared to the loss from operations of $2.87 million for the same period of last year. Ne...
Q2 FY21 (comparisons versus prior year): GAAP EPS of $2.13, down four percent; GAAP net income of $477 million, down three percent; and GAAP net income margin of 19.1 percent, down 300 basis points. These results include an estimated $0.10-$0.15 per share negative impact from COVID-19. Adjusted EPS* of $2.08, up two percent; adjusted EBITDA margin* of 37.3 percent, down 300 basis points. These results include an estimated $0.10-$0.15 per share negative impact from COVID-19. Q2 FY21 Highlights Delivered base business excellence: Brought onstream sixth air separation unit in Chandler, Arizona...