Clarcor Inc. (CLC) reported net earnings of $21.3 million or $0.42 per share for the third quarter, compared to $25.8 million or $0.50 per share in the year-ago quarter.
Net sales for the third quarter declined 17% to $230.3 million from $276.3 million in the previous year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.43 per share on revenue of $246.40 million for the quarter. Analysts' estimates typically exclude special items.
For 2009, Clarcor now expects earnings of $1.30 to $1.40 per share, down from its prior estimate of $1.40 to $1.60 per share. The Street currently expects earnings of $1.44 per share for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.