Neil A. Schrimsher – Applied Industrial Technologies, Inc. Sales trends by month “Sure. So, Ryan, our sales per day trends for the overall fourth quarter improved 1.1% from the third quarter. May was slightly below April. We finished up in … Continued
Neil Schrimsher – President and CEO April down a little from March “I would say the sales per day trends really improved throughout the prior quarter of January to February, February onto March. April is running positive year-over-year, really in … Continued
Applied Industrial Technologies’ (AIT) CEO Neil Schrimsher on Q2 2017 Results Overall trends continuing in January “So, I would say for us, as we move through the last quarter, the sales per day trends improved from October to November, and … Continued
SunTrust Banks’ (STI) CEO Bill Rogers on Q3 2016 Results Regulatory and compliance costs are not likely to abate “But in terms of overall regulatory and compliance costs, if I look forward, John, I don’t think that in the short- … Continued
Applied Industrial Technologies (AIT) Neil A. Schrimsher on Q4 2016 Seeing some sequential improvements in August “Sure. Sure. So, I’d say, Will, our sales per day trends included declines in April and May with improvement in June. July somewhat as … Continued
Neil A. Schrimsher – President, Chief Executive Officer & Director Saw a stabilization as we went through the quarter, April was consistent with that ” For us, our sales per day, we had improvements really each month throughout the quarter, … Continued
Applied Industrial Technologies (AIT) Neil A. Schrimsher on Q2 2016 Results A continuation of headwinds “Our second quarter results reflect a continuation of the economic and market headwinds that have been affecting our business, including reduced demand in oil and … Continued
E*TRADE Financial (ETFC) Paul Thomas Idzik on Q3 2015 Results There’s a big penalty for a bank when it crosses $50B in assets in the form of greater regulatory spending “as I said many times in previous calls when this … Continued
Deceleration in demand as moved through the year “As we moved through fiscal 2015, we experienced deceleration in industrial demand, headwinds from energy markets, and the unfavorable impact of foreign currency translation. While the combination of these factors kept us … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. “These results were below our expectations, as weaker industrial demand continued.” “We … Continued