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Article: Minuteman International First Quarter Sales Hit Record Net Off Slightly on Pricing, Promotion and Restructuring Effects
- Article from:
- PR Newswire
- Article date:
- April 25, 1997
CopyrightCOPYRIGHT 1997 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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Board Increases Dividend 10 Percent on Optimistic Outlook
ADDISON, Ill., April 25 /PRNewswire/ -- Minuteman International, Inc. (Nasdaq: MMAN) today reported
* record sales for the first quarter,
* profits reduced one penny per share (after eliminating the benefit from
the sale of a facility last year) by pricing pressures and investments
aimed at capturing increased market share, and
* an increase in the quarterly dividend.