Last $18.05 USD
Change Today +0.11 / 0.61%
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As of 8:10 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

kewaunee scientific cp (KEQU) Snapshot

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08/8/14 - $18.75
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kewaunee scientific cp (KEQU) Details

Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture products. The company operates through two segments, Domestic Operations and International Operations. Its laboratory furniture products include steel and wood cabinetry, fume hoods, adaptable modular systems, moveable workstations, biological safety cabinets, and epoxy resin worksurfaces, and sinks; healthcare furniture products comprise laminate casework, storage systems, and related products; and technical furniture products consist of column systems, slotted-post systems, pedestal systems, and stand-alone benches. The company’s laboratory products are used in chemistry, physics, biology, and other general science laboratories in the pharmaceutical, biotechnology, industrial, chemical, commercial, educational, government, and health care markets; technical products are used in facilities manufacturing computers and light electronics and by users of computer and networking furniture; and laminate casework is used in educational, healthcare, and industrial applications. Kewaunee Scientific Corporation sells its products primarily through dealers, commissioned agents, and a national distributor, as well as through competitive bids submitted by the company and its subsidiaries in Singapore, India, and China. Kewaunee Scientific Corporation was founded in 1906 and headquartered in Statesville, North Carolina.

619 Employees
Last Reported Date: 07/18/14
Founded in 1906

kewaunee scientific cp (KEQU) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $407.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $334.7K
Vice President of Manufacturing
Total Annual Compensation: $226.4K
Compensation as of Fiscal Year 2014.

kewaunee scientific cp (KEQU) Key Developments

Kewaunee Scientific Corporation Increases Quarterly Dividend, Payable on September 22, 2014

Kewaunee Scientific Corporation announced its board of directors increased its quarterly cash dividend by 9% to 12 cents per outstanding share from 11 cents per outstanding share, beginning with the dividend payable on September 22, 2014 to stockholders of record at the close of business on September 8, 2014.

Kewaunee Scientific Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Second Quarter and Full Year of 2015

Kewaunee Scientific Corp. reported unaudited consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, sales were $30,534,000, as compared to sales of $32,003,000 in the first quarter last year. Net earnings for the quarter were $1,234,000, or $0.47 per diluted share, as compared to net earnings of $1,587,000, or $0.61 per diluted share, in the first quarter of the prior year. However, both sales and earnings in the first quarter last year were records for the Company. Domestic operations sales for the quarter were $24,248,000, a decline of 10% from $27,073,000 in last year's record quarter. The company expects a good second quarter and fiscal year 2015 for sales and earnings. Its expectations are based on its strong order backlog, its projections that the softness in the domestic laboratory marketplace will improve, and anticipated increased opportunities in the international marketplace.

Kewaunee Scientific Opens First Facility in China

Kewaunee Scientific Corporation announced it had officially opened its first facility in China. The 10,000 square feet facility is strategically located in Suzhou Industrial Park in the general vicinity of Shanghai and also serves as Kewaunee's China headquarters. The facility, which will primarily serve customers in the local China market, will be used as an assembly operation for products imported from the Company's other factories and for the stocking and distribution of Kewaunee fume hoods and safety cabinets. It also includes space for sales and project support staff, a product showroom, and a laboratory for SEFA and ASHRAE testing.


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