Standex International (SXI) Misses Q1 EPS by 22c

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Standex Reports First-Quarter 2019 Financial Results

October 29, 2018 9:02 AM EDT

Achieves 2.1% Sales Increase; 1.1% Organic Increase

GAAP Operating Income Increases 21.4% and Non-GAAP Operating Income Grows 6.2%

GAAP EPS Increases 13.1% and Non-GAAP EPS Decreases 1.6%

Announces Intent to Seek Strategic Alternatives for Cooking Solutions Group

SALEM, N.H.--(BUSINESS WIRE)-- Standex International Corporation (NYSE: SXI) today reported financial results for the first quarter fiscal year 2019. The Company also announced its intention to pursue strategic alternatives for the Cooking Solutions Group within its Food Service Equipment Segment. Results for the Cooking Solutions... More