Earnings

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Columbus McKinnon's April Orders Fell 37%
The motion control and material handling automation products maker said Q1 sales fell almost 13 percent, though orders began to stabilize in May.
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In this March 22 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. Lowe’s move to revamp its outdated online business in recent months paid off during the first quarter, as shut-in shoppers shifted to its online services for supplies for their do-it-yourself home projects during the pandemic.
Lowe's Overhauled E-Commerce Pays Off
The nation's second-largest home improvement retailer said Q1 online sales increased 80 percent.
May 20th, 2020
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RBC Bearings Sales Tick Up Before Brunt of Virus
Ending March 28, RBC's 2020 fourth quarter only caught the tail end of business impacts from COVID-19.
May 20th, 2020
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Virus Measures Weighed on Home Depot in Q1
May 19th, 2020
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3M's Safety and Industrial Sales Fell 11% in April
May 15th, 2020
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MSC Says Orders Backlog Will Carry Past May
May 13th, 2020
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New-Look Ingersoll-Rand Sales Jump on Acquisition
May 12th, 2020
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DXP Sees Q1 Declines, Sequential Gains
During Q1, The pumping solutions and MROP distributor completed the acquisition of Oakland, CA-based Turbo Machinery Repair on Jan. 31.
May 8th, 2020
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Fastenal's April Safety Sales Spiked 120%
CFO Holden Lewis explained the company's eye-popping numbers in April and how demand for PPE impacted its supply chain.
May 7th, 2020
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NOW Takes $331M Loss, Will Cut 1,250 Jobs
The oilfield products distributor, which does business as DistributionNOW, has also reduced its physical footprint to reflect lower demand.
May 6th, 2020
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GM Profit Slumps 88%
The next quarter will almost certainly be worse.
May 6th, 2020
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GPC: 2 of Motion Industries' 14 Product Lines Showing Growth
Genuine Parts Co. said COVID-19 hurt Q1 total sales by about 3 percent and outlined cost-savings actions going forward.
May 6th, 2020
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Kennametal Draws $500M Credit as April Sales Sink
The company said restructuring actions taken early in the quarter helped bear COVID-19 impacts, though further cost savings are still needed.
May 5th, 2020
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Parker CEO Takes 50% Pay Cut
Everyone at the motion control products maker is taking a salary reduction, with CEO Tom Williams leading the way.
May 1st, 2020
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Stanley B&D Enacts $1B Cost Savings Program
The company's executives and board members are foregoing 20 percent of their ongoing compensation through at least 2020.
Apr 30th, 2020
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WESCO Cuts Executive Salaries by 25%
The company said its $4.5 billion acquisition of Anixter is still on track to close in Q2 or Q3.
Apr 30th, 2020
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Applied April Sales Down in Mid-Teens
The fluid power, motion control and MRO products distributor outlined a number of cost-savings measures enacted during the quarter.
Apr 30th, 2020
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Pandemic Brings Fortunes to Amazon
It also brought headaches.
Apr 29th, 2020
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Systemax Sales Down 2% as Backlog Piles Up
Systemax, owner of Global Industrial, said while total demand has increased, constrained availability of products has made backlog swell.
Apr 29th, 2020