Tod Carpenter Restocking but urge caution “In the quarter, we also saw some positive macro trends with restocking being the most notable. As an aside, I feel compelled to add a bit of restraint to the recent enthusiasm regarding market … Continued
David N. Farr I don’t see a snap but I do see strong momentum “That’s a lot of ask. I mean since I’ve been pretty bad at forecasts in the last couple years, Andrew, I mean you remember I did … Continued
Parker-Hannifin’s (PH) CEO Tom Williams On Q2 2017 Results Cut 10,000 people over the last 4 years ” But we have also done a strategic restructuring that focused combination of footprint and SG&A and that combination has dramatically lowered our … Continued
Emerson Electric (EMR) Q4 2016 Results If the economy doesn’t grow you’re going to see acquisitions “Now if the economy doesn’t grow and we continue to struggle for growth, hence you’re going to continue to see acquisitions. That’s why you’re … Continued
Parker-Hannifin’s (PH) CEO Tom Williams on Q1 2017 Results Seeing a decelerating rate of decline “First quarter sales were 2.74 billion, a 4% declined compared with the same quarter year ago. This represents the third consecutive quarter we saw a … Continued
Actuant’s (ATU) CEO Randy Baker on Q4 2016 Results Markets remain difficult but end demand is more stable “Most markets remain difficult in the quarter, but end demand is becoming more stable.” May be two planting seasons until improved end … Continued
CLARCOR’s (CLC) CEO Christopher Conway on Q3 2016 Results Expect continued challenges in 4Q “Many of the markets we faced remained challenged most significantly in our oil and gas related businesses and to a lesser extent, agriculture and industrial air … Continued
Donaldson Company’s (DCI) CEO Tod Carpenter on Q4 2016 Results The impact form destocking is becoming less significant “Overall, we still believe the impact from destocking is becoming less significant; however, there is still enough variability in week-to-week ordering to … Continued
Parker-Hannifin (PH) Thomas L. Williams on Q4 2016 Results North America still weak “By segment, North America is still weak, but our Aerospace Systems segment and international business order rates were positive on a year-over-year basis.” Sales will level off … Continued
Sun Hydraulics’ (SNHY) CEO Wolfgang Dangel on Q1 2016 Results Environment continues to be uncertain “From our perspective the environment continues to be uncertain with economic indicators signifying little trend movement either positive or negative we recognize that we cannot … Continued