Horizon Global (HZN) Misses Q1 EPS by 17c, Revenues Beat
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Horizon Global Reports Financial Results for First Quarter 2019
May 9, 2019 6:30 AM EDTBusiness Update
Business improvement initiatives drive better consolidated operating results Horizon Americas fully stocked for peak U.S. selling season despite slower start to year due to late spring Net sales of $209.7 million, down 3.3 percent Net sales increased 1.3 percent in constant currency(1) Operating loss of $8.0 million, or 3.8 percent of sales; an improvement of $45.3 million Adjusted operating loss(2) of $1.8 million, or 0.9 percent of sales; an improvement of $1.1 million... More
