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President and CEO Scott King says they remain optimistic about Gorman-Rupp's full-year outlook despite sales being down slightly compared to 2023.
There's no foolproof way to know the future for Gorman-Rupp (AMEX: GRC) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock ...
The 10-second takeaway For the quarter ended Dec. 31 (Q4), Gorman-Rupp missed estimates on revenues and missed estimates on earnings per share. Compared The Gory Details on Gorman-Rupp's Double Fumble
Gorman-Rupp was founded in 1933 by two entrepreneurs, J.C. Gorman and Herb Rupp. Their simplified design of a self-priming, centrifugal pumps would form the core of their initial product line. [3] The company was contracted by the United States military during the Second World War. Diversifying their product line to include a variety of ...
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Resale price maintenance (RPM) or, occasionally, retail price maintenance is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance).
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