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BRIEF: Tufco Quarterly Earnings Fall 70%

Thu, 12 Feb 2009 23:18:00 GMT

Feb. 12--Saying that productivity efforts helped it break even despite declining sales, Tufco Technologies Inc. (TFCO) reported a 70% decline in fiscal first quarter earnings.
Sales for the three months ended Dec. 31 fell 6.6% to $23.2 million from $24.8 million.
Louis LeCalsey, Tufco's president and chief executive, said in a statement that continued economic downturn should result in further sales declines in the second quarter.

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Uncertainty Pushes Stocks Lower: Dow Has Fallen More Than 10% Over Two Days

Fri, 21 Nov 2008 08:19:00 GMT

Nov. 21--Overwhelmed by uncertainty, investors fled the stock market again Thursday, knocking another 5.6% out of the Dow Jones industrials and sending the Standard & Poor's 500 Index to its lowest mark in 11 years.
"It's almost as if everybody is saying, 'We're out of here.'
When the S&P, which reflects the broader market, broke through lows established in 2002 on Thursday, more selling occurred.

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Tufco Technologies, Inc. Receives Notice From NASDAQ

Fri, 18 Sep 2009 21:04:00 GMT

GREEN BAY, Wis., Sept. 18, 2009 (GLOBE NEWSWIRE) -- Tufco Technologies, Inc. (Nasdaq:TFCO) today announced that on September 16, 2009, Tufco Technologies, Inc. received a letter from the NASDAQ Stock Market providing notice that, for 30 consecutive trading days, Tufco's common stock had not maintained a minimum market value of publicly held shares ("MVPHS") of $5 million as required for continued inclusion on The NASDAQ Global Market.
For NASDAQ purposes, MVPHS is the market value of Tufco's publicly held shares, which is calculated by subtracting all shares held by officers, directors or beneficial owners of 10% or more of the total shares outstanding.
The letter from NASDAQ has no effect on the listing of Tufco's securities at this time.

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Tufco Technologies, Inc. Announces Fiscal Year 2009 Third Quarter and First Nine Months Results

Fri, 14 Aug 2009 20:47:00 GMT

GREEN BAY, Wis., Aug. 14, 2009 (GLOBE NEWSWIRE) -- Tufco Technologies, Inc. (Nasdaq:TFCO), the largest contract converter of branded wet and dry wipes in North America and a leader in specialty printing services and business imaging products, today announced that fiscal year 2009 third quarter sales were $22,026,000, down 28% over fiscal year 2008 third quarter sales.
In commenting on the results, Louis LeCalsey, Tufco's President and CEO, said, "The third quarter continued to be a difficult consumer environment for our customers and we expect continuing difficulty in the fourth quarter.
This press release, including the discussion of the Company's fiscal 2009 results in comparison to fiscal 2008, contains forward-looking statements regarding current expectations, risks and uncertainties for future periods.

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Tufco Technologies, Inc. Announces FDA Registration

Mon, 13 Jul 2009 14:54:00 GMT

Tufco Technologies, Inc. , the largest contract converter of branded wet and dry wipes in North America and a leader in specialty printing services and business imaging products, today announced that it recently received its Labelers ID for FDA registration. This voluntary FDA registration allows its Green Bay facility to produce FDA regulated products.[More...]

Tufco Technologies, Inc. Announces Fiscal Year 2009 Second Quarter and First Six Months Results

Thu, 14 May 2009 20:56:00 GMT

GREEN BAY, Wis., May 14, 2009 (GLOBE NEWSWIRE) -- Tufco Technologies, Inc. (Nasdaq:TFCO), the largest contract converter of branded wet and dry wipes in North America and a leader in specialty printing services and business imaging products, today announced that fiscal year 2009 second quarter sales were $19,455,000, down 34% over fiscal year 2008 second quarter sales.
In commenting on the results, Louis LeCalsey, Tufco's President and CEO said, "The major cause of our second quarter decreases in sales volume and earnings was a substantial decline in demand from our consumer products customers.
This press release, including the discussion of the Company's fiscal 2009 results in comparison to fiscal 2008 contains forward-looking statements regarding current expectations, risks and uncertainties for future periods.

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Tufco Technologies, Inc. Announces Fiscal Year 2009 First Quarter Results

Thu, 12 Feb 2009 19:56:00 GMT

Tufco Technologies, Inc. Announces Increase and Extension in Stock Repurchase Program

Thu, 22 Jan 2009 21:42:00 GMT

Tufco Technologies, Inc. , a leader in providing diversified contract wet and dry wipes converting and printing, as well as wide web flexographic specialty printing services and business imaging products, today announced that its Board of Directors has approved an extension of its February 2008 stock repurchase program through September 2009 and an increase in the number of shares from 200,000 to 300,000. The program calls for open market stock repurchases at prevailing market prices. The Board concluded that the Company's cash and debt position would enable these purchases without impairment to the Company's capital.[More...]

Tufco Technologies, Inc. Receives Environmental Stewardship Award

Fri, 16 Jan 2009 17:09:00 GMT

Tufco Technologies, Inc. , a leader in providing diversified contract wet and dry wipes converting and printing, as well as wide web flexographic specialty printing services and business imaging products, today announced that it has received the Environmental Stewardship Award from Orion Energy Systems. The award was given to Tufco for their efforts in reducing energy consumption through the use of Orion's Compact Modular, high-intensity fluorescent lighting platform at their Ashwaubenon, WI manufacturing facility and the energy reduction is the environmental equivalent to saving 81,557 gallons of gas annually.[More...]

Tufco Technologies, Inc. Announces Fiscal Year 2008 Fourth Quarter and Fiscal Year 2008 Results; Comments On Outlook

Thu, 18 Dec 2008 19:56:00 GMT

Tufco Technologies, Inc. , the largest provider of branded contract wet and dry wipes converting in North America and a leader in specialty printing services and business imaging products, today announced that fiscal year 2008 sales were $111,316,000, down 7% from fiscal year 2007 sales. For the fiscal year 2008 fourth quarter, sales were $26,220,000, down 26% compared to the fourth quarter of fiscal year 2007. For the fiscal year 2008, net income was $0.13 per diluted share, compared to net income of $0.22 per diluted share for fiscal year 2007. Net income per diluted share for the 2008 fourth quarter was $0.01 per share compared to $0.11 net income per diluted share for the fourth quarter of 2007.[More...]

Tufco Technologies, Inc. Announces Increase and Extension in Stock Repurchase Program

Wed, 15 Oct 2008 19:49:00 GMT

Tufco Technologies, Inc. , a leader in providing diversified contract wet and dry wipes converting and printing, as well as wide web flexographic specialty printing services and business imaging products, today announced that its Board of Directors has approved an extension of its February 2008 stock repurchase program through June 2009 and an increase in the number of shares from 100,000 to 200,000. The program calls for open market stock repurchases at prevailing market prices. The Board concluded that the Company's cash and debt position would enable these purchases without impairment to the Company's capital.[More...]

Tufco Technologies, Inc. Reports Fiscal Year 2008 Third Quarter and First Nine Months Results

Tue, 12 Aug 2008 20:21:00 GMT

Tufco Technologies, Inc. , a leader in providing diversified contract wet and dry wipes converting and printing, as well as wide web flexographic specialty printing services and business imaging products, today announced that fiscal year 2008 third quarter sales were $30,674,000, up 3% over fiscal year 2007 third quarter sales. For the first nine months of 2008, sales were $85,096,000, up 1% from the comparable period of 2007.[More...]