CUO Continental Materials Corp.
Continental Materials Corp. engages in heating, ventilation and air conditioning, and construction products. It operates through following segments: Heating and Cooling, Evaporative Cooling, Aggregates and Construction Supplies and Door. The Heating and Cooling produces and sells gas-fired wall furnaces, console heaters and fan coils. The Evaporative Cooling segment produces and sells primarily evaporative coolers. The Aggregates and Construction Supplies segment engages in producing ready-mix concrete in the Colorado Springs and Pueblo area. The Door segment sells hollow metal doors, door frames and related hardware, wood doors, lavatory fixtures and electronic access and security systems. The company was founded in 1954 and is headquartered in Chicago, IL.
Company profile
Ticker
CUO
Exchange
CEO
James G. Gidwitz
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
362274391
CUO stock data
()
Calendar
16 Aug 19
23 Oct 19
28 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | 25.26M | 22.53M | 42.83M | 40.98M | |
| Net income | -4.84M | 13.32M | -540K | -1.24M | |
| Diluted EPS | -2.82 | 7.8 | -0.32 | -0.73 | |
| Net profit margin | -19.15% | 59.14% | -1.26% | -3.02% | |
| Operating income | -5.42M | 12.38M | -900K | -1.45M | |
| Net change in cash | -30.23M | 34.83M | 142K | 195K | |
| Cash on hand | 5.19M | 35.42M | 594K | 452K | |
| Cost of revenue | 17.85M | 34.99M | 34.75M |
Financial data from company earnings reports
Financial report summary
?Management Discussion
- Consolidated sales in 2018 were $163,983,000, an increase of $11,173,000 or 7.3%, compared to 2017. The improvement was seen in all segments. The Heating and Cooling and Evaporative Cooling segments reported sales increases of $3,436,000 (8.1%) and $2,309,000 (9.2%), respectively. The Door segment reported a sales increase of $1,506,000 (8.1%). The CACS segment reported sales higher by $3,839,000 (5.8%).
- The consolidated gross profit ratio in 2018 was 17.0% compared to 18.4% for 2017. The Door and Evaporative Cooling segments reported increases in gross profit while the CACS and Heating and Cooling segments reported decreases in gross profit for 2018 compared to 2017.
- Selling and administrative expenses were $3,586,000 higher in 2018 compared to 2017. The increases were reported primarily in the Heating and Cooling segment (up 22.8%) and Unallocated Corporate expenses (up 33.5%). These increases are mainly attributable to investments in people and services to improve future growth. As a percentage of consolidated sales, selling and administrative expenses increased to 16.0% in 2018 compared to 14.8% in 2017.
Content analysis
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New words:
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Financial reports
10-Q/A
2019 Q2
Quarterly report (amended)
16 Aug 19
10-Q
2019 Q2
Quarterly report
13 Aug 19
10-Q
2019 Q1
Quarterly report
14 May 19
10-K
2018 FY
Annual report
28 Mar 19
10-Q
2018 Q3
Quarterly report
13 Nov 18
10-Q
2018 Q2
Quarterly report
14 Aug 18
10-Q
2018 Q1
Quarterly report
15 May 18
10-K
2017 FY
Annual report
29 Mar 18
10-Q
2017 Q3
Quarterly report
14 Nov 17
10-Q
2017 Q2
Quarterly report
15 Aug 17
Current reports
8-K
Completion of Acquisition or Disposition of Assets
16 Oct 19
8-K
Cost Associated with Exit or Disposal Activities
1 Oct 19
8-K/A
With Independent Auditor’s Report
18 Sep 19
8-K
Continental Materials Corporation Reports Unaudited Second Quarter Results – Four Companies Acquired
14 Aug 19
8-K/A
With Independent Auditor’s Report
13 Aug 19
8-K
Continental Materials Corp Acquires InOvate Dryer Products
17 Jun 19
8-K
Departure of Directors or Certain Officers
10 Jun 19
8-K
Continental Materials Corp Acquires American Wheatley and Global Flow Products
3 Jun 19
8-K/A
Submission of Matters to a Vote of Security Holders
24 May 19
8-K
Submission of Matters to a Vote of Security Holders
22 May 19
Proxies
DEF 14A
Definitive proxy
29 Apr 19
DEF 14A
Definitive proxy
30 Apr 18
DEF 14A
Definitive proxy
1 May 17
DEFR14A
Filing
28 Apr 16
DEF 14A
Definitive proxy
26 Apr 16
DEF 14A
Definitive proxy
24 Apr 15
DEF 14A
Definitive proxy
24 Apr 14
DEF 14A
Definitive proxy
17 Apr 13
DEF 14A
Definitive proxy
17 Apr 12
DEF 14A
Definitive proxy
6 May 11
Other
UPLOAD
Letter from SEC
20 Mar 13
CORRESP
Correspondence with SEC
26 Feb 13
UPLOAD
Letter from SEC
17 Jan 13
CORRESP
Correspondence with SEC
2 Jan 13
UPLOAD
Letter from SEC
30 Nov 12
UPLOAD
Letter from SEC
29 Jan 10
CORRESP
Correspondence with SEC
27 Jan 10
UPLOAD
Letter from SEC
13 Jan 10
CORRESP
Correspondence with SEC
21 Dec 09
UPLOAD
Letter from SEC
27 Nov 09