Gregg J. Mollins Macro environment continues to be challenging “Although somewhat improved from 2015, the macro environment for our industry continue to be challenging with overall lower demand levels and pricing volatility” Encouraged by signs of life in energy “we … Continued
PepsiCo (PEP) Indra K. Nooyi on Q1 2016 Results It’s a difficult environment indeed “Most of the developed world outside the United States is grappling with slow growth. GDP growth in developing and emerging markets is also challenged with many … Continued
Reliance Steel & Aluminum (RS) Gregg J. Mollins on Q4 2015 Results Trade cases appear to have reduced imports somewhat “Mill prices for many of our products ended the year down 30% to 40% compared to the beginning of the … Continued
Reliance Steel & Aluminum’s (RS) CEO Gregg Mollins on Q3 2015 Results Customer demand remained relatively strong “Overall customer demand remained relatively strong with our tons sold per day increasing sequentially each month of the quarter.” Pressure on metals prices … Continued
Strength in aerospace, automotive and non res construction “the aerospace and automotive end markets remain strong and we see ongoing opportunities for continued growth in these markets. We also continue to be encouraged by slowly improving momentum in our activity … Continued