Net income for the year settled at $183.6 million, or $1.96 per share, trailing the previous year’s $186.8 million and $1.99 per share. Revenue mirrored this downward trend, contracting 1.7% to land at $1.2 billion for the period.
Despite the retreat in performance, leadership remains optimistic about upcoming market conditions. The company points toward a potential relief in commodity pricing and increased consumer spending power as catalysts for a rebound. Shareholders of record by July 13 should expect the cash payout on or before July 30.
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