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Donaldson Posts 21% Sales Gain

Donaldson Posts 21% Sales Gain SHARE June 3, 2021 Donaldson Co. reported third-quarter sales of $765.0 million, up 21.5 percent from the same period in 2020, when sales were $629.7 million. “Donaldson’s third quarter sales were the highest quarterly sales in our 106-year history and reflected strength in the economy as seen in our Engine segment and the beginning of recovery in our Industrial segment,” said Tod Carpenter, chairman, president, CEO, in a prepared statement. “Additionally, although we faced pressures from our supply chain, raw material costs, and sales mix, we were able to offset this with volume leverage and recorded a year-over-year increase in gross margin of 50 basis points to 33.7 percent. We continue to expand our leadership position in filtration technology as we deliver on our strategy to increase our addressable market and generate higher returns.

Donaldson Co (DCI) Q3 2021 Earnings Call Transcript

Donaldson Co (DCI) Q3 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Donaldson Co (NYSE: DCI) Operator Good day and thank you for standing by. Welcome to the Donaldson Third Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Charley Brady, Director, Investor Relations. You may begin.SPONSORED: 10 stocks we like better than Donaldson When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.  

Donaldson Q2 Sales Up 2 6%

Donaldson Q2 Sales Up 2 6%
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Donaldson Company Makes Strategic Investment With Key Appointment to Accelerate Growth in Life Sciences – IT Business Net

Donaldson Company Makes Strategic Investment With Key Appointment to Accelerate Growth in Life Sciences – IT Business Net
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