More on Lincoln Electric's Q2

|About: Lincoln Electric Holdings,... (LECO)|By:, SA News Editor

Lincoln Electric (LECO +4.3%) reported Q2 net income of $77.3M, $0.96 per diluted share, rising slightly from $72.6M, $0.87 per diluted share Y/Y.

Sales also rose steadily to $728.5M vs. $727.4M in the comparable 2013 period.

Operating income for Q2 increased 7.7% to $112.3M (15.4% of sales) from $104.3M (14.3% of sales) the same period a year ago.

Over the quarter, the company returned $87M to shareholders through share repurchases and dividends.

Q2 earnings