Paccar Inc
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Industrials : Machinery | Mid Cap Blend
Company profile

PACCAR Inc (PACCAR) is a technology company. The Company's segments include Truck, Parts and Financial Services. The Truck segment includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks. The Company's trucks are marketed under the Kenworth, Peterbilt and DAF nameplates. It also manufactures engines, primarily for use in the Company's trucks, at its facilities in Columbus, Mississippi; Eindhoven, the Netherlands, and Ponta Grossa, Brazil. The Parts segment includes the distribution of aftermarket parts for trucks and related commercial vehicles. The Financial Services segment includes finance and leasing products and services provided to customers and dealers. Its Other business includes the manufacturing and marketing of industrial winches. The Company operates in Australia and Brazil and sells trucks and parts to customers in Asia, Africa, Middle East and South America.

Postmarket

Last Trade
Delayed
$87.28
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$87.28
Day's Change
0.22 (0.25%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
88.88
Day's Low
87.26
Volume
(Average)
Volume:
1,314,820

10-day average volume:
1,328,498
1,314,820

Clorox's stock rallies after profit and sales beats, as sales of cleaning products provides a boost

6:42 am ET August 3, 2020 (MarketWatch)
Print

Shares of Clorox Co. (CO) rose 1.5% in premarket trading Monday, after the maker of cleaning and household products reported a fiscal fourth-quarter profit and revenue that beat expectations, as it benefited from demand for cleaning products as a result of the COVID-19 pandemic, while providing an in-line outlook. Net income increased to $310 million, or $2.41 a share, from $241 million, or $1.88 a share, in the year-ago period. The FactSet consensus for earnings per share was $1.99. Sales grew 21.9% to $1.98 billion to beat the FactSet consensus of $1.87 billion, as household and wellness sales, which includes cleaning and professional products, rose 33%. ""I'm pleased that we've delivered a quarter of exceptional results, fueled by strong demand for our products that we've been privileged to provide in support of public health and to serve some of the essential needs of consumers as they've had to stay at home more," said Chief Executive Benno Dorer. For fiscal 2021, the company expects EPS to be down in the mid-single-digit to be up in the mid-single-digit percentage range, while the FactSet consensus of $7.35 implies a 0.1% decline. The stock has run up 54.0% year to date through Friday, while the SPDR Consumer Staples Select Sector ETF (XLP) has slipped 0.4% and the S&P 500 has gained 1.3%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 03, 2020 06:42 ET (10:42 GMT)

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