Multi-Color Corp. (LABL) Misses Q3 EPS by 29c, Updates Guidance, Announces Strategic Alternatives Process
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Multi-Color Corporation Announces EPS of $0.55 and Non-GAAP Core EPS of $0.50 for Q3 FY2019
February 11, 2019 4:03 PM ESTAnnounces Ongoing Strategic Alternatives Process to Enhance Shareholder Value
CINCINNATI, OHIO, February 11, 2019 - Multi-Color Corporation (NASDAQ: LABL) today announced third quarter fiscal 2019 results.
"While fiscal 19 performance remains below expectations, primarily due to lower sales growth and operating inefficiencies in the U.S., we continue to make progress on executing our strategy and see positives for fiscal 20 in terms of new business development, benefits from acquisition synergies, and increased cost savings and productivity," said Nigel Vinecombe, Executive Chairman of Multi-Color Corporation. "We... More
