WSI Industries (WSCI) Powersports Segment Momentum
Post# of 8
Posted On: 03/25/2015 2:52:47 AM
Shares of Kraft Foods Group, Inc. (KRFT) touched an increase in value of more than 15% and were trading at 52-week high levels in after-hours activity on Tuesday, following media reports indicating that Brazilian multi-billion dollar global investment firm 3G Capital is in advanced talks to acquire the company.
For its fourth quarter 2014, KRFT recently reported net revenues of $4.70 billion and earnings (excluding costs related to post-employee benefit plans) of $0.75 per share.
KRFT is one of North America's largest consumer packaged food and beverage companies, with annual revenues of more than $18 billion.
More about Kraft Foods Group, Inc. (KRFT) at www.kraftfoodsgroup.com
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After the closing bell on Tuesday, WSI Industries, Inc. (WSCI) delivered strong growth in its quarterly financial results driven by the strength in the company's powersports segment.
For its second quarter fiscal 2015, WSCI posted sales of $11.74 million, a 12% increase year over year, and net income of $456,000 or $0.15 per diluted share, compared to net income of $258,000 or $0.09 per diluted share in the same period the prior year
WSCI anticipates that its powersports business will continue to be strong, and that this strength will outweigh any decline in the company's energy business in the short term
WSCI's Board of Directors has approved a quarterly cash dividend of $0.04 per share, payable on April 22, 2015, to shareholders of record on April 8, 2015.
WSCI is a leading contract manufacturer that specializes in the machining of complex, high-precision parts for a wide range of industries, including automotive, avionics and aerospace, energy, recreational powersports vehicles, small engines, marine, bioscience and the defense markets.
More about WSI Industries, Inc. (WSCI) at www.wsiindustries.com
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Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Alhambra, CA ( www.alhambra.crwe-pr.com ) into the CRWE Network.
Alhambra is located in the western San Gabriel Valley region of Los Angeles County, California, approximately eight miles east of Los Angeles. Some of the local attractions within the city limits of Alhambra include: the Burke Heritage Park, Alhambra Historical Museum, and Shorb Garden.
The City of Alhambra had an estimated population in 2013 (U.S. Census Bureau) of 84,577, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Press Release ( www.crwepressrelease.com ) offers increased visibility with cost effective solutions through the distribution of information to the entire CRWE Network for both public and private companies.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
For its fourth quarter 2014, KRFT recently reported net revenues of $4.70 billion and earnings (excluding costs related to post-employee benefit plans) of $0.75 per share.
KRFT is one of North America's largest consumer packaged food and beverage companies, with annual revenues of more than $18 billion.
More about Kraft Foods Group, Inc. (KRFT) at www.kraftfoodsgroup.com
**
After the closing bell on Tuesday, WSI Industries, Inc. (WSCI) delivered strong growth in its quarterly financial results driven by the strength in the company's powersports segment.
For its second quarter fiscal 2015, WSCI posted sales of $11.74 million, a 12% increase year over year, and net income of $456,000 or $0.15 per diluted share, compared to net income of $258,000 or $0.09 per diluted share in the same period the prior year
WSCI anticipates that its powersports business will continue to be strong, and that this strength will outweigh any decline in the company's energy business in the short term
WSCI's Board of Directors has approved a quarterly cash dividend of $0.04 per share, payable on April 22, 2015, to shareholders of record on April 8, 2015.
WSCI is a leading contract manufacturer that specializes in the machining of complex, high-precision parts for a wide range of industries, including automotive, avionics and aerospace, energy, recreational powersports vehicles, small engines, marine, bioscience and the defense markets.
More about WSI Industries, Inc. (WSCI) at www.wsiindustries.com
**
Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Alhambra, CA ( www.alhambra.crwe-pr.com ) into the CRWE Network.
Alhambra is located in the western San Gabriel Valley region of Los Angeles County, California, approximately eight miles east of Los Angeles. Some of the local attractions within the city limits of Alhambra include: the Burke Heritage Park, Alhambra Historical Museum, and Shorb Garden.
The City of Alhambra had an estimated population in 2013 (U.S. Census Bureau) of 84,577, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Press Release ( www.crwepressrelease.com ) offers increased visibility with cost effective solutions through the distribution of information to the entire CRWE Network for both public and private companies.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
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