After strong second quarter, Brady Corp. increases fiscal 2020 guidance

//After strong second quarter, Brady Corp. increases fiscal 2020 guidance

After strong second quarter, Brady Corp. increases fiscal 2020 guidance

Milwaukee-based manufacturer Brady Corp. increased its fiscal 2020 earnings per share guidance after what the company said is another consecutive strong quarter. The industrial components manufacturer reported its net income for the second quarter, which ended Jan. 31, 2020, at $33.6 million, a 14.8% increase from $29.2 million in 2019. Brady's (NYSE: BRC) second quarter sales declined 2% to $276.7 million from $282.4 million in the second quarter of 2019. Organic sales declined at a rate of…

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By | 2020-02-20T22:16:17+00:00 February 20th, 2020|Budget and Tax|

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