Standex International (SXI) Misses Q4 EPS by 4c
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Standex Reports Fourth-Quarter 2016 Financial Results
August 25, 2016 8:19 AM EDTSales Decreased 3.0% in the Quarter Driven by Lower Refrigeration Sales
Gross Margin Improved 180 Basis Points Despite a $6 Million Sales Decline
Divested the US Roll, Plate, and Machinery Business Resulting in Non-Cash Pre-Tax Charge of $7.3 Million
SALEM, N.H.--(BUSINESS WIRE)-- Standex International Corporation (NYSE: SXI) today reported financial results for the fourth quarter of fiscal year 2016.
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