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Article: EMERSON REPORTS RECORD SECOND QUARTER WITH SALES GROWTH IN EXCESS OF 18 PERCENT AND EPS GROWTH OF 17 PERCENT
- Article from:
- PR Newswire
- Article date:
- May 2, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. LOUIS, May 2 /PRNewswire/ -- Sales, net earnings and earnings per share of Emerson Electric Co. for the second quarter and first six months of fiscal 1995 were the highest for any quarter and first six- month period in the company's history, it was announced today by Charles F. Knight, chairman and chief executive officer.
The company's net sales for the three months ended March 31, 1995 were $2,514,132,000, an increase of 18.8 percent over net sales of $2,116,460,000 for the second quarter a year ago.
The company's earnings per common share were $1.02 for the second quarter of fiscal 1995, an increase of 17.2 percent over earnings per common share of ...