NewzMILWAUKEE (AP) — MILWAUKEE (AP) — Brady Corp. (BRC) on Thursday reported fiscal fourth-quarter profit of $45.6 million. On a per-share basis, the Milwaukee-based company said it had net income of 96 cents.
Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $1.48 per share. The identification and security products maker posted revenue of $436.9 million in the period. For the year, the company reported profit of $205.4 million, or $4.30 per share.
Revenue was reported as $1.66 billion. Brady expects full-year earnings in the range of $6.25 to $6.75 per share. Brady shares have risen 15% since the beginning of the year.
The stock has risen 16% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRC at https://www.zacks.com/ap/BRC Source
(DLTH) on Thursday reported net income of $18.4 million in its fiscal second quarter. The Mount Horeb, Wisconsin-based company said it had profit of 50 cents per share. Earnings, adjusted for non-recurring gains, came to 6 cents per share.
The clothing and tools supplier posted revenue of $121.4 million in the period. Duluth Holdings expects full-year revenue in the range of $540 million to $560 million. Access a Zacks stock report on DLTH at https://www.zacks.com/ap/DLTH Source
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