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Sales for the quarter ended July 31, 2016, decreased 2.3% to $282.1 million.
September 12, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Brady Corporation reported its financial results for its fiscal 2016 fourth quarter and year ended July 31, 2016. Net earnings for the quarter ended July 31, 2016, were $25.1 million compared to a loss of $(39.4) million for the same quarter last year. Sales for the quarter ended July 31, 2016, decreased 2.3% to $282.1 million compared to $288.6 million in the fourth quarter of fiscal 2015. Total organic sales decreased 0.9% and foreign currency translation decreased sales by 1.4%. By se...
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