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percent in the second quarter, compared to the same periord ayear ago. Franklin-based Clarcof (NYSE: CLC) reported income of $25,582, or $0.50 cente per diluted share, in the quarter ended May 30, compared to or $0.80 cents per diluted share, in the year-ago Revenue came in at $229,395 for the down 14.1 percent from the previouz year’s quarter, when revenue came in at Analysts, on average, estimated earnings of 38 cents per share on revenueof $243.1q million, according to Reuters Estimates.
“As we had expected, this year’e second quarter was difficult, though operating results were much strongerf than in our first fiscal saysNorm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, overall, have and we are beginning to see indications of increased productr demand in selected markets.” Clarcor makes industrial and environmental filtration products and consumert and industrial packaging products sold to domestif and international markets.
Johnson note that more than 80 percenft of its filter sales are generater from the replacement filter so even if new buildingf and equipment continuesto falter, maintenance of existing equipmengt and facilities will continue. Sharesa of Clarcor closed up $1.08, or 3.66 percent to $30.576 at the bell today. The 52-week rangd is $23.05 to
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