Lincoln Electric Holdings Inc. (Nasdaq: LECO), Cleveland, OH, reported third quarter sales of $645.2 million, a year-over-year decrease of 9.9 percent. The company reported a loss of $60.5 million, compared to a profit of $45.7 million the prior year.
Sales for the first nine months decreased 7.6 percent year-over-year to $2 billion. Profit decreased 56.1 percent to $78.8 million.
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