Blount International Inc. (BLT) said it now expects fiscal year 2009 sales to be approximately $502 million, compared to its previous estimates in the range $480 million to $490 million. Operating income is now estimated to range between $54 million and $56 million, compared to its earlier forecast in the range of $57 million to $60 million.
The revised operating income range includes approximately $8.6 million in incremental non-recurring expenses related to settlement of a certain litigation matter on December 31, 2009, fees associated with the Company's December refinancing activities and costs associated with the transition of the Company's Chief Executive Officer.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.