Posted October 29, 2020
Columbus McKinnon sales fall 24 percent
Columbus McKinnon Corp. reported fiscal second-quarter net sales of $157.8 million, a 24 percent decline from $207.6 million in the same period last year.
A net loss of $4.1 million, or a loss of 17 cents per share, compared to net income of $16.6 million, or 70 cents, in last year's second quarter.
For the first six months of the year, sales of $296.9 million declined 29.4 percent from $420.3 million in the same period last year.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
