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percent in the second quarter, compared to the same perio a year ago. Franklin-based Clarcor (NYSE: CLC) reported income of $25,582, or $0.50 cents per diluted share, in the quarteer ended May 30, compareds to $40,783, or $0.80 centse per diluted share, in the year-ago period. Revenue came in at $229,396 for the quarter, down 14.1 percent from the previous year’ds quarter, when revenue came in at Analysts, on average, estimated earningz of 38 cents per share on revenueof $243.1 according to Reuters Estimates.
“As we had this year’s second quarter was though operating results were much stronger than in our firstfiscalp quarter,” says Norm Clarcor’s chairman and CEO, in a release. “Our order overall, have stabilized, and we are beginninb to see indications of increased product demand in selected Clarcormakes mobile, industrial and environmental filtration producta and consumer and industrial packagingg products sold to domestic and international markets.
Johnson notes that more than 80 percenyt of its filter sales are generatedx from the replacement filter so even if new building and equipment continuesto falter, maintenancre of existing equipment and facilities will continue. Shares of Clarcorr closed up $1.08, or 3.66 percent to $30.576 at the bell today. The 52-week range is $23.05 to
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