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Earnings roundup: Coach, Snap-On



By AP
22 April 2008 @ 11:04 am EST

Among the earnings stories for Tuesday, April 22, from AP Financial News:

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COH 18.35 1.15
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HSC 22.65 -1.2
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TLAB 3.49 0.05
SII 34.09 -6.76

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NEW YORK (AP) Handbag and accessories maker Coach Inc. said Tuesday its third-quarter profit climbed 8 percent, helped by a big rise in sales in the North American market.

KENOSHA, Wis. (AP) Tool maker and marketer Snap-on Inc. said Tuesday its first-quarter earnings rose 49 percent, on higher sales of tools to industrial customers and continued sales growth in emerging markets.

NEW YORK (AP) Swedish auto safety systems maker Autoliv Inc. said Tuesday first-quarter profit rose 11 percent, helped by favorable foreign currency exchange and revenue growth outside North America.

HARRISBURG, Pa. (AP) Industrial services company Harsco Corp. said Tuesday its first-quarter profit rose nearly 20 percent, as greater revenue from a weaker U.S. dollar offset higher fuel costs.

HOUSTON (AP) BJ Services Co.'s fiscal second-quarter earnings fell as contract prices in North America worsened, the oilfield services company said Tuesday.

NAPERVILLE, Ill. (AP) Telecommunications equipment maker Tellabs Inc. said Tuesday its first-quarter profit fell 35 percent, hurt by a charge and a "challenging industry environment," but revenue surpassed Wall Street's expectations.

HOUSTON (AP) Smith International Inc. said Tuesday its first-quarter profit gained 9 percent, helped by improved oilfield segment results.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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