Clarcor appoints new group president

Previous Engine/Mobile president named senior business development officer
Oct 1, 2015 9:51 AM

Baird cuts Clarcor rating

Robert W. Baird analyst Richard Eastman has downgraded shares of Clarcor to ‘neutral’ from ‘outperform’ after the Franklin-based filtration products maker reported worse-than-expected third-quarter profits. Eastman also has cut to $53 his price target for Clarcor, which closed Thursday’s trading (Ticker: CLC) at $48.39.

Sep 18, 2015 7:51 AM

Clarcor drops big after soft Q3

Leaders look at restructuring, cost cut opportunities
Sep 17, 2015 11:25 AM

Clarcor cuts guidance after flat Q2 profits

Executives at filtration and packaging manufacturer Clarcor said their 2014 acquisitions helped grow second-quarter profits 11 percent versus a year ago to $38.5 million. Sales climbed 3 percent from last spring to $400 million. Excluding various one-time events from those acquisitions, however, profits fell slightly. Chairman, President and CEO Chris Conway and his team have lowered their 2105 EPS guidance range about 5 percent to between $3.00 and $3.15 per share because of continued expected weakness in engine filtration sales, especially overseas.

Shares of Clarcor (Ticker: CLC) are down to about $63.10 slightly Friday morning after jumping Thursday on the back of the earnings news. Year to date, they're down about 5 percent.

Jun 19, 2015 10:19 AM

Earnings wrap: Clarcor, First Farmers

Manufacturer sees margins rising this year, bank benefits from expense cuts
Mar 20, 2015 1:14 PM

Claror CEO gets $100K raise

Other execs also benefit from company's growth, push to get them in line with peers
Feb 27, 2015 7:05 AM

Clarcor Q4 up 30%+

Filtration maker sees rising margins in '15
Jan 15, 2015 2:38 PM

Clarcor buys companies catering to Gulf petrochemical sector

Longtime distributor has revenues of $20M
Dec 19, 2014 6:52 AM

Clarcor hikes dividend again

The directors of Clarcor have voted to hike the Franklin-based company's quarterly dividend by about 18 percent to 20 cents per share. Investors of record on Oct. 10 will be paid a week later. The filtration and packaging company (Ticker: CLC) has now grown its dividends every year since 1983.

Sep 29, 2014 11:03 AM

Clarcor insiders book $2M+ in option profits

It's time to add Clarcor to the list of local companies whose executives and board members are taking profits in the stock market. Early this week, three of the company's board members and two of its executives collectively booked gains of more than $2 million on stock option transactions. Leading the way was Chief Administrative Officer David Lindsay, whose gains topped $1.4 million. Directors Philip Lochner and Robert Jenkins booked about $640,000 and $285,000, respectively, in profits while former Bridgestone boss Mark Emkes pocketed gains of about $140,000 and General Counsel Richard Wolfson booked a profit of about $80,000.

Shares of Clarcor (Ticker: CLC) closed Thursday at $63.16. They have climbed about 10 percent over the past six months.

Sep 26, 2014 9:48 AM