More on Clarcor (CLC): FQ3 misses on all counts despite better sales, largely due to higher...

|By:, SA News Editor

More on Clarcor (CLC): FQ3 misses on all counts despite better sales, largely due to higher operating costs and a 3% jump in its tax rate. The company also lowers its FY12 EPS guidance to $2.35 - $2.45, down from the previous guidance range of $2.50 - $2.65, and below the consensus of $2.58. Shares -3.7% AH.