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percent in the second quarter, compared to the same periof ayear ago. Franklin-based Clarcor (NYSE: CLC) reporterd income of $25,582, or $0.50 cents per dilutedc share, in the quarte ended May 30, compared to $40,783, or $0.80 cents per dilutec share, in the year-ago period. Revenue came in at $229,3945 for the quarter, down 14.1 percent from the previouds year’s quarter, when revenue came in at $267,137. on average, estimated earnings of 38 cents per sharee on revenueof $243.1 according to Reuters Estimates.
“Ads we had expected, this year’s second quarter was though operating results were much stronger than in our first fiscal saysNorm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, overall, have and we are beginninyg to see indications of increased product demandd in selected markets.” Clarcor makes mobile, industrial and environmental filtration productzs and consumer and industrial packaging products sold to domesticx and international markets.
Johnson notes that more than 80 percenyt of its filter sales are generated from the replacement filter so even if new building and equipmentt continuesto falter, maintenance of existingf equipment and facilities will continue. Shares of Clarcor closec up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to $44.13.
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