Columbus McKinnon to Host Fourth Quarter and Full Year Fiscal 2025 Earnings Conference Call on May 28, 2025 |
CHARLOTTE, N.C. , May 16, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its fourth quarter and full year fiscal 2025 results before the market opens on Wednesday, May 28, 2025. |
prnewswire.com |
2025-05-16 14:41:00 |
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Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share |
CHARLOTTE, N.C. , March 24, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. |
prnewswire.com |
2025-03-24 18:05:00 |
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Columbus McKinnon Chosen as PowerCo's Global Intralogistics Partner for its New Gigafactories with montrac® Solution |
Reinforces CMCO's growing leadership position in the fast-growing electrification and battery production vertical end market Reports fourth consecutive quarter of significant battery production related orders, demonstrating strength of montrac® solution CHARLOTTE, N.C. , March 19, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, today announced that it won the bid to become the supplier of choice for stacking and intralogistics technology for PowerCo, the battery company of Volkswagen Group. |
prnewswire.com |
2025-03-19 18:05:00 |
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Columbus McKinnon to Present at the March Sidoti Small Cap Conference |
CHARLOTTE, N.C. , March 13, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), today announced that it will present at the Sidoti Small Cap Virtual Investor Conference on March 20, 2025, at approximately 1:45 p.m. |
prnewswire.com |
2025-03-13 18:30:00 |
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Columbus McKinnon to Present at the J.P. Morgan 2025 Industrials Conference |
CHARLOTTE, N.C. , March 4, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), today announced that it will present at the J.P. |
prnewswire.com |
2025-03-04 18:05:00 |
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Columbus McKinnon Corporation (CMCO) Q3 2025 Earnings Call Transcript |
Columbus McKinnon Corporation (NASDAQ:CMCO ) Q3 2025 Earnings Conference Call February 10, 2025 5:00 PM ET Company Participants Kristine Moser - Vice President-Investor Relations & Treasurer David Wilson - President & Chief Executive Officer Greg Rustowicz - Chief Financial Officer Conference Call Participants Canyon Hayes - D.A. Davidson Steve Ferazani - Sidoti Jon Tanwanteng - CJS Securities Walt Liptak - Seaport Research Operator Good afternoon, ladies and gentlemen, and welcome to the Columbus McKinnon Corporation Third Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-02-10 23:04:27 |
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Columbus McKinnon (CMCO) Lags Q3 Earnings and Revenue Estimates |
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.74 per share a year ago. |
zacks.com |
2025-02-10 20:26:07 |
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Columbus McKinnon to Combine with Kito Crosby Delivering Compelling Value Creation |
Business combination materially improves scale and product scope, advancing Columbus McKinnon's strategy as the holistic provider of intelligent motion solutions in materials handling Complementary portfolio enhances strategic positioning in attractive verticals and target geographies, delivering an even stronger portfolio of products Transaction valued at approximately $2.7 billion at a ~8x TTM Adjusted EBITDA multiple post-synergies Expected to create ~$70 million in annual net cost synergies, improving Adjusted EBITDA Margins1 to greater than 23% and is expected to more than double revenue and triple Adjusted EBITDA1 on a pro-forma combined basis Significant combined cashflow generation expected to enable de-leveraging to Net Leverage Ratio1 of approximately 3.0x within two years post-closing2 The transaction is expected to be funded with $2.6 billion in committed debt financing and an $0.8 billion perpetual convertible preferred equity investment from CD&R CHARLOTTE, N.C. , Feb. 10, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby Limited ("Kito Crosby") from funds managed by leading global investment firm KKR in an all-cash transaction valued at $2.7 billion subject to customary post-closing purchase price adjustments. |
prnewswire.com |
2025-02-10 18:15:00 |
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Columbus McKinnon Reports Q3 FY25 Results |
CHARLOTTE, N.C. , Feb. 10, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2025 third quarter, which ended December 31, 2024. |
prnewswire.com |
2025-02-10 18:05:00 |
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Columbus McKinnon to Host Third Quarter Fiscal 2025 Earnings Conference Call on February 10, 2025 |
CHARLOTTE, N.C., Jan. 28, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its third quarter fiscal 2025 results after the markets close on Monday, February 10, 2025. |
prnewswire.com |
2025-01-28 11:28:00 |
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Columbus McKinnon: Remaining Bullish On Long-Term Growth |
Successful investing requires a long-term focus, even if it means being on the wrong side of a trade temporarily, as with Columbus McKinnon Corporation. Despite recent declines in revenue and profitability, Columbus McKinnon remains a 'buy' due to management's commitment to long-term growth and appealing share prices. Management's strategy includes organic and inorganic growth, cost-cutting, and productivity improvements, aiming for significant revenue and EBITDA margin increases by the 2027 fiscal year. |
seekingalpha.com |
2025-01-25 09:10:24 |
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Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share |
CHARLOTTE, N.C. , Jan. 21, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. |
prnewswire.com |
2025-01-21 18:15:00 |
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Columbus McKinnon Donates $15,000 to Habitat for Humanity of the Charlotte Region |
Third Year of Donations to the Organization Continues Company's Commitment to Improving People's Lives and Bettering the Communities Where it Operates CHARLOTTE, N.C. , Dec. 12, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, donated $15,000 to Habitat for Humanity of the Charlotte Region through its CMCO Cares program. |
prnewswire.com |
2024-12-12 11:00:00 |
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Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News |
BatteryStar™ Hoist Further Strengthens Columbus McKinnon's Position as a Leader in Intelligent Lifting Technology CHARLOTTE, N.C. , Dec. 10, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, is pleased to announce that its new BatteryStar™ Battery-Powered Chain Hoist was named 2024 'Product of the Year' in the Overhead Handling category by Material Handling Product News. |
prnewswire.com |
2024-12-10 11:00:00 |
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Columbus McKinnon to Present at the Baird 2024 Global Industrials Conference |
CHARLOTTE, N.C. , Nov. 6, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), today announced that it will present at the Baird 2024 Global Industrials Conference on November 14, 2024, at approximately 1:35 p.m. |
prnewswire.com |
2024-11-06 18:30:00 |
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Columbus McKinnon Corporation (CMCO) Q2 2025 Earnings Call Transcript |
Columbus McKinnon Corporation (NASDAQ:CMCO ) Q2 2025 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Kristine Moser - Vice President-Investor Relations & Treasurer David Wilson - President & Chief Executive Officer Greg Rustowicz - Chief Financial Officer Conference Call Participants Charlie Strauzer - CJS Securities Matt Summerville - D.A. Davidson Steve Ferazani - Sidoti Walt Liptak - Seaport Research James Kirby - JPMorgan Steve Ferazani - Sidoti Operator Good morning, and welcome to Columbus McKinnon's Second Quarter Fiscal 2025 Earnings Conference Call. |
seekingalpha.com |
2024-10-30 18:28:06 |
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Columbus McKinnon (CMCO) Q2 Earnings Surpass Estimates |
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.76 per share a year ago. |
zacks.com |
2024-10-30 10:35:14 |
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Columbus McKinnon Reports 16% Order Growth in Q2 FY25 |
CHARLOTTE, NC , Oct. 30, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2025 second quarter, which ended September 30, 2024. Second Quarter 2025 Highlights (compared with prior-year period, except where otherwise noted) Orders increased 16% with a book-to-bill ratio of 1.08x; Precision conveyance up 42% Net sales decreased 6% to $242.3 million reflecting impacts related to Hurricane Helene, the ramp up of linear motion production in Monterrey, MX and project timing Results included $17.5 million 2 of non-cash pension settlement expense and $11.8 million 2 for factory closure and start-up costs as we transitioned manufacturing to our Monterrey, MX facility GAAP EPS of ($0.52) and Adjusted EPS1 of $0.70 Repaid $10 million of debt in Q2 FY25; Anticipate FY25 debt repayment of $60 million Executed $4.9 million of share repurchases in Q2 FY25 and $5.0 million in early Q3 FY25 "Our commercial and operational initiatives are delivering wins with new and existing customers in attractive vertical markets and we delivered one of our highest order quarters in history with 16% order growth and a book-to-bill ratio of 1.08x in Q2. |
prnewswire.com |
2024-10-30 08:25:00 |
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Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share |
CHARLOTTE, N.C. , Oct. 21, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. |
prnewswire.com |
2024-10-21 13:00:00 |
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Columbus McKinnon to Host Second Quarter Fiscal 2025 Earnings Conference Call on October 30, 2024 |
CHARLOTTE, N.C. , Oct. 16, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its second quarter fiscal 2025 results before the markets open on Wednesday, October 30, 2024. |
prnewswire.com |
2024-10-16 20:30:00 |
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Unloved Columbus McKinnon Deserves Another Look Ahead Of A Short-Cycle Recovery |
Columbus McKinnon's fiscal Q1 results showed minimal revenue growth, driven by pricing, with slight volume contraction. Gross margin improved, and EBITDA beat modestly, but operating margin was pressured by facility transition costs. Orders declined, reflecting weaker end-market conditions, but short-cycle markets may be nearing the bottom of the cycle, giving CMCO leverage to market recoveries and expansion into new markets. The Street seems to be underrating the value of the company's mix shift toward precision conveyance, automation, and industrial motion, as these are key enabling technologies for factory automation. |
seekingalpha.com |
2024-08-21 13:33:19 |
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Columbus McKinnon Corporation (CMCO) Q1 2025 Earnings Call Transcript |
Columbus McKinnon Corporation (NASDAQ:CMCO ) Q1 2025 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Kristy Moser - VP, IR David Wilson - President and CEO Greg Rustowicz - CFO Conference Call Participants James Kirby - JPMorgan Chase Matt Summerville - D.A. Davidson Kyle May - Sidoti & Company Jon Tanwanteng - CJS Securities Operator Good morning and welcome to Columbus McKinnon First Quarter Fiscal 2025 Earnings Conference Call. |
seekingalpha.com |
2024-07-31 17:15:24 |
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Columbus McKinnon (CMCO) Q1 Earnings Match Estimates |
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.62 per share a year ago. |
zacks.com |
2024-07-31 12:45:45 |
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Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share |
CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about August 19, 2024, to shareholders of record at the close of business on August 9, 2024. Columbus McKinnon has approximately 28.8 million shares of common shares. |
businesswire.com |
2024-07-22 20:05:00 |
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You've Been Warned! 3 Robotics Stocks to Buy Now or Regret Forever. |
Right now, growth investors are focused primarily on opportunities in the semiconductors and artificial intelligence stocks space. That's understandable, given how fast technology is advancing in those areas right now. |
investorplace.com |
2024-06-27 20:38:03 |
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Columbus McKinnon Publishes Fourth Annual Corporate Sustainability Report |
CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, today announced the publication of its fourth annual Corporate Sustainability Report. This year, the report provides details on Columbus McKinnon's performance highlights and progress made through fiscal 2024 on key sustainability initiatives. Highlights outlined. |
businesswire.com |
2024-06-17 10:45:00 |
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Columbus McKinnon to Present at the Wells Fargo 2024 Industrials Conference |
CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced that it will present at the Wells Fargo 2024 Industrials Conference on June 11, 2024, at approximately 3:15 p.m. Eastern Time. The live audio webcast will be available via the Columbus McKinnon Investor Relations webpage at investors.cmco.com. A replay of the webcast will be available on the Company's investor Relations page shortly following the presentation at. |
businesswire.com |
2024-06-10 12:30:00 |
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Columbus McKinnon (CMCO) Loses -8.13% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner |
The heavy selling pressure might have exhausted for Columbus McKinnon (CMCO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. |
zacks.com |
2024-06-03 14:36:26 |
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Columbus McKinnon (CMCO) Upgraded to Buy: What Does It Mean for the Stock? |
Columbus McKinnon (CMCO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-05-31 17:01:13 |
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Columbus McKinnon Corporation (CMCO) Q4 2024 Earnings Call Transcript |
Columbus McKinnon Corporation (NASDAQ:CMCO ) Q4 2024 Results Conference Call May 29, 2024 10:00 AM ET Company Participants Kristy Moser - Vice President, Investor Relations and Treasurer David Wilson - President and Chief Executive Officer Greg Rustowicz - Chief Financial Officer Conference Call Participants Matt Summerville - D. A. Davidson Stephen Ferazani - Sidoti & Company Jon Tanwanteng - CJS Securities Walter Liptak - Seaport Research Operator Good morning. |
seekingalpha.com |
2024-05-29 16:52:08 |
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Columbus McKinnon (CMCO) Q4 Earnings and Revenues Lag Estimates |
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.80 per share a year ago. |
zacks.com |
2024-05-29 12:46:27 |
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Columbus McKinnon Reports Record Net Sales, Gross Margin and Operating Income in Fiscal 2024 |
CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) today announced financial results for its full year and fourth quarter fiscal 2024, which ended March 31, 2024. |
businesswire.com |
2024-05-29 10:30:00 |
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