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Mi Casa Verde

Nortek Fiscal 2016 Q1 Results Improve, Except for AV

May 18, 2016 by Ted Leave a Comment

AVC Generates an Operating Loss on a 17.8% Decline in Sales

Nortek LogoNortek, Inc. (Nortek) released their results for the 2016 fiscal first quarter and generally showed broad improvement,with sales gains and profit improvements in most of their segments. But not in the Custom and Commercial Air segment which had a sales decline; and especially not in their AVC segment, which saw continued sales declines and generated a loss from operations.

See more on our Nortek 2016 Q1 report… [Read more…] about Nortek Fiscal 2016 Q1 Results Improve, Except for AV

Filed Under: Financial, Manufacturers, News Tagged With: 10Q fiscal, AVC, Core Brands, Elan, Mi Casa Verde, Michael J. Clarke, MiOS, Niles, Nortek, SEC, SpeakerCraft, Vera, Xantech

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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