CLARCOR Inc. Q2 Profit Retreats 3%

(RTTNews) - CLARCOR Inc. (CLC) released earnings for second quarter that decreased compared to the same period last year.

The company said its earnings dropped to $36.10 million, or $0.73 per share. This was lower than $37.34 million, or $0.74 per share, in last year's second quarter.

The company said revenue for the quarter fell 3.9% to $364.97 million. This was down from $379.97 million last year.

CLARCOR Inc. earnings at a glance:

-Earnings (Q2): $36.10 Mln. vs. $37.34 Mln. last year. -Earnings Decline (Y-o-Y): -3.3% -EPS (Q2): $0.73 vs. $0.74 last year. -EPS Decline (Y-o-Y): -1.4% -Revenue (Q2): $364.97 Mln vs. $379.97 Mln last year. -Revenue Change (Y-o-Y): -3.9%

-Guidance: Full year EPS guidance: $2.60 - $2.80 Full year revenue guidance: $1.375 - $1.415 Bln