Thread- $AIR (AAR Corp.)

$AIR {{ '2016-07-12T20:33:54+0000' | timeago}} • Announcement

For FY17, $AIR expects consolidated sales to be in the range of $1.7-1.8Bil and diluted EPS from continuing operations to be in the range of $1.30-1.40, which at the midpoint represents an increase of 16.4% vs. FY16. The company expects a seasonally low 1Q17 with results improving steadily throughout the year, said CEO David Storch.

$KR {{ '2017-05-23T18:47:09+0000' | timeago}} • Announcement

$KR announced the retirement of Jay C and Ruler division President Paul Bowen, effective June 21, 2017. His successor will be named at a later date. Bowen has held his current role since 2003, where he oversees 71 Jay C and Ruler stores operating in Illinois, Indiana, Kentucky, Missouri, Ohio and Tennessee.

$MKC {{ '2017-05-23T18:43:18+0000' | timeago}} • Announcement

$MKC appointed Tony Vernon, retired CEO of Kraft Foods Group, to its BoD effective May 23, 2017. He currently serves on the boards of $XENT, $NVCR and $AXON.

$KIRK {{ '2017-05-23T18:30:22+0000' | timeago}} • Webcast

$KIRK sees e-commerce growth to exceed 20% as it looks forward. Strong improvement is expected in second half of FY17, particularly 4Q17.

$NDSN {{ '2017-05-23T18:26:30+0000' | timeago}} • Webcast

$NDSN said that from a operating margin perspective, it does not expect pension to have a material impact on its overall operating margin on passing 3Q17 one-time charges. Effective tax rate for FY17 is expected in the range of 29%, while normal maintenance CapEx is expected to be approx. $50MM.

$KIRK {{ '2017-05-23T18:25:44+0000' | timeago}} • Webcast

As $KIRK posted its 1Q17 results, it sees store closings to occur throughout the first half of FY17, while new store openings are expected in 2Q17 and 3Q17.

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