MARKET COMPOSITE
SCX - L.S. Starrett Co.2:01:02 PM 4/26/2024
Price
$16.03
+ 0.01 (0.06%)
L. S. Starrett Company is an American manufacturer of tools and instruments used by machinists and tool and die makers. The company was founded by businessman and inventor Laroy Sunderland Starrett in 1880. The company patented such items as the sliding combination square, bench vises, and a shoe hook fastener. They make precision steel rules and tapes, calipers, micrometers, and dial indicators, among many other things. Starrett employs about 2,000 people worldwide and the company claims to be the last remaining full-line precision tool company to be manufacturing their products within the United States. However, much of the firm's manufacturing takes place at facilities in the People's Republic of China, Brazil, Germany, and the UK, with 28% of Starrett's worldwide sales being in Brazil in 2013.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue62.1MM+2%
Gross Profit19MM-3%
Cost Of Revenue43.1MM+5%
Operating Income2.5MM+1%
Operating Expenses16.5MM-
Net Income-394K-121%
G&A16.5MM-4%
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