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 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

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

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

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 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