UPDATE: Clarcor Posts 2.5% Drop In FQ4 Profit, Issues Weak 2013 Forecast
January 17, 2013 at 02:21 AM EST
CLARCOR (NYSE: CLC ) reported a 2.5% drop in its fiscal fourth-quarter earnings. Clarcor expects 2013 earnings of $2.45 to $2.60 per share on sales growth of 2.5% to 4%. However, analysts expected a profit of $2.62 per share on sales growth of 5%. Clarcor's quarterly profit fell to $36.3
