Flowserve Corp. (NYSE: FLS), Dallas, TX, reported sales for the second quarter of $877.1 million, a decrease of 14.6 percent year-over-year. Profit decreased 23 percent to $42.2 million.
Year-to-date sales were $1.7 billion, a decrease of 11.7 percent over the prior-year period. Profit decreased 30.7 percent to $61.5 million