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: Packaging maker Crown Holdings’ sales drop as inflation, ‘challenging’ economic conditions hurt business
Shares of Crown Holdings Inc. CCK dropped more than 2% in the extended session Monday after the packaging maker missed expectations for its second-quarter sales, saying that inflation and economic conditions continued to hurt volumes. Crown Holdings earned $157 million, or $1.31 a share, in the quarter, compared with $295 million, or $2.43 a share, in the […] The post : Packaging maker Crown Holdings’ sales drop as inflation, ‘challenging’ economic conditions hurt business appeared first on Fore...
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Posted: Jul 24 2023, 21:24
Author Name: forextv
Views: 110161