EMJ to build $5M center in Oregon; tax rate jump trims quarterly profit
Oct 28, 2005 | 10:04 AM
A tax-rate increase helped grease a 13.9-percent decline in net income for Earle M. Jorgensen Co. (EMJ) in its fiscal second quarter.EARLE M. JORGENSEN CO.(in thousands except per share) 200520042nd qtr. endedSept. 28Sept. 29Revenue$412,916$389,271Net income$18,878$21,852Per share0.361.236 months endedSept. 28Sept. 29Revenue$856,888$750,907Net income$41,460$33,555Per share0.831.81Meanwhile, the Lynwood, Calif.,-based service center chain, which has been adding a number of smaller "satellite" facilities this year, will build a new, larger service center in Portland, Ore., for $5.1 million.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.