Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Black & Decker Reports Earnings Loss
Apr 24, 2009
 Printable format
 Email this Article
 Search

Black & Decker said its first-quarter earnings declined steeply. Earnings for the quarter ended March 29 were US$4.9 million, compared to $67.4 million for the first quarter of last year.

Sales decreased 28% for the quarter to $1.1 billion, including a negative 5% impact from foreign currency translation.

Nolan D. Archibald, chairman and chief executive officer, said: "End-market conditions, particularly in Europe and the automotive industry, continued to deteriorate sharply in the first quarter. Therefore, Black & Decker's sales were lower than we had anticipated." Archibald said he expects the economic climate to continue to negatively impact business for the remainder of the year.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows