Lincoln Electric Holdings Inc
LECO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|B@ | LOCK|#!#@$ | LOCK|GdMX@ZV |
Lincoln Electric Earnings: Pricing Actions Offset Volume Declines; Full-Year Outlook Raised
Lincoln Electric's second-quarter organic sales grew 3% year over year, driven by a 5% increase in price, partially offset by a 2% decrease in volume. Consumables sales were up by a high-single-digit percentage, compared with equipment down midsingle digits and automation down low single digits.
