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Columbus McKinnon Corp (CMCO.OQ)

CMCO.OQ on NASDAQ Stock Exchange Global Select Market

36.46USD
2:29am IST
Change (% chg)

$-0.54 (-1.46%)
Prev Close
$37.00
Open
$36.20
Day's High
$36.65
Day's Low
$35.95
Volume
37,979
Avg. Vol
52,226
52-wk High
$43.06
52-wk Low
$30.82

Latest Key Developments (Source: Significant Developments)

Columbus McKinnon Announces CEO Planned Departure To Lead Fortive’S NewCo
Wednesday, 11 Dec 2019 

Dec 11 (Reuters) - Columbus McKinnon Corp ::COLUMBUS MCKINNON ANNOUNCES CHIEF EXECUTIVE OFFICER PLANNED DEPARTURE TO LEAD FORTIVE’S NEWCO.COLUMBUS MCKINNON CORP - CHAIRMAN RICHARD FLEMING TO BE APPOINTED INTERIM CEO FOR UPON HIS DEPARTURE.COLUMBUS MCKINNON CORP - MARK MORELLI HAS INFORMED BOARD OF DIRECTORS OF HIS INTENTION TO RESIGN FROM HIS POSITION AS PRESIDENT, CEO AND DIRECTOR.COLUMBUS MCKINNON CORP - BOARD HAS INITIATED A SEARCH PROCESS FOR A NEW CHIEF EXECUTIVE OFFICER.  Full Article

Columbus Mckinnon Corp - QTRLY Diluted Income Per Share $0.69
Thursday, 7 Nov 2019 

Columbus McKinnon Corp ::COLUMBUS MCKINNON BLUEPRINT FOR GROWTH STRATEGY CONTINUES TO STRENGTHEN EARNINGS POWER IN SECOND QUARTER FISCAL YEAR 2020.SEES Q3 2020 REVENUE DOWN ABOUT 2 PERCENT.QTRLY NET SALES $207.6 MILLION VERSUS $217.1 MILLION.QTRLY DILUTED INCOME PER SHARE $0.69.IN Q3 2020 INTENDED CLOSURE OF A SECOND FACILITY IN OHIO.CLOSURE OF SECOND FACILITY IN OHIO EXPECTED TO PROVIDE ANNUAL SAVINGS OF ABOUT $5 MILLION BEGINNING IN Q3 OF FISCAL 2021.80/20 PROCESS MORE THAN OFFSET INDUSTRIAL MARKET HEADWINDS, MEDICAL COSTS, TARIFFS, IMPACT OF DIVESTITURES DURING QUARTER.EXPECT OUR BLUEPRINT FOR GROWTH STRATEGY TO CONTRIBUTE APPROXIMATELY $18 MILLION IN OPERATING INCOME IN FISCAL 2020.Q3 REVENUE VIEW $209.9 MILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE VIEW $0.69, REVENUE VIEW $206.7 MILLION -- REFINITIV IBES DATA.QTRLY NON GAAP EARNINGS PER SHARE $0.74.  Full Article

Columbus Mckinnon Plans Closure Of Ohio Operation
Thursday, 7 Nov 2019 

Nov 6 (Reuters) - Columbus McKinnon Corp ::COLUMBUS MCKINNON PLANS CLOSURE OF OHIO OPERATION.COLUMBUS MCKINNON - WILL BE CLOSING LISBON, OHIO FACTORY AND CONSOLIDATING THIS OPERATION INTO ITS FACILITIES IN VIRGINIA AND NORTH CAROLINA.COLUMBUS MCKINNON - CLOSURE OF LISBON OPERATION WILL AFFECT 59 UNION ASSOCIATES AND 17 STAFF ASSOCIATES IN THAT LOCATION.COLUMBUS MCKINNON CORP - RESTRUCTURING PROCESS IS EXPECTED TO TAKE BETWEEN SEVEN TO TEN MONTHS.COLUMBUS MCKINNON - EXPECTS PLANT CLOSURE COSTS OF ABOUT $3.5 MILLION AND ESTIMATES ANNUAL SAVINGS OF $5.0 MILLION ONCE COMPLETED.  Full Article

Columbus McKinnon Q1 Adjusted Earnings Per Share $0.81
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Columbus McKinnon Corp ::Q1 ADJUSTED EARNINGS PER SHARE $0.81.Q1 EARNINGS PER SHARE ESTIMATE $0.77 -- REFINITIV IBES DATA.80/20 PROCESS OF SIMPLIFICATION REMAINS ON TRACK TO DELIVER $10 MILLION FOR FISCAL 2020.EXPECTS Q2 REVENUE TO BE UNCHANGED TO SLIGHTLY IMPROVED OVER PRIOR-YEAR PERIOD.QTRLY NET SALES $212.7 MILLION VERSUS $225.0 MILLION.Q1 REVENUE VIEW $214.8 MILLION -- REFINITIV IBES DATA.  Full Article

Columbus Mckinnon Q1 EPS $0.33
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Columbus McKinnon Corp ::Q1 ADJUSTED EARNINGS PER SHARE $0.74.Q1 EARNINGS PER SHARE $0.33.Q1 REVENUE $225 MILLION VERSUS I/B/E/S VIEW $219.2 MILLION.Q1 EARNINGS PER SHARE VIEW $0.60 -- THOMSON REUTERS I/B/E/S.QUARTERLY SALES OF $225.0 MILLION; EXCLUDING FOREIGN CURRENCY IMPACT, SALES INCREASED 7.8 PCT.  Full Article