Donaldson Inc Stock Price, News & Analysis

Winmark Corporation (NASDAQ: WINA) has appointed Amy C. Becker to its Board of Directors. Becker, currently the Chief Legal Officer at Donaldson Company (NYSE: DCI), brings extensive experience in corporate governance and legal strategy. Winmark, a leader in franchise business focused on sustainability, operates multiple resale franchises including Plato’s Closet® and Once Upon A Child®. As of September 24, 2022, Winmark had 1,291 franchises and 2,800 available territories, reflecting its ongoing growth and commitment to providing opportunities for entrepreneurial ventures.

Solaris Biotech has partnered with Wildtype to develop advanced bioreactors aimed at enhancing large-scale production of cultivated seafood. This collaboration responds to the growing global demand for seafood, projected to increase by 23 million tons by 2030. Solaris, part of Donaldson Company (NYSE: DCI), specializes in bioreactor technology, positioning itself at the forefront of the alternative proteins market. Both companies aim to make cultivated seafood more affordable while providing sustainable options that avoid contaminants found in traditional fish.

Donaldson Company, a leader in filtration solutions, announced that Tod Carpenter, its chairman, president, and CEO, will present at the Baird 2022 Global Industrial Conference. The event will take place in Chicago, Illinois, on Tuesday, November 8, starting at 10:15 a.m. CST. Founded in 1915, Donaldson provides innovative filtration products across diverse industries and advanced markets. The company aims to tackle complex filtration challenges globally, emphasizing its commitment to a Cleaner World.

Donaldson Company, Inc. (NYSE: DCI) will host a webcast for its first quarter 2023 earnings conference call on November 30, 2022, at 9:00 a.m. CST. Participants can access the live broadcast on the company’s Investor Relations website. The replay will be available after 12:00 p.m. CST on the same day. Founded in 1915, Donaldson is a global leader in filtration technology, providing innovative solutions across various industries worldwide.

Donaldson Company (NYSE: DCI) will present virtually at the Gabelli Funds 46th Annual Automotive Aftermarket Symposium on October 31 at 1:00 p.m. PDT. CEO Tod Carpenter will lead the presentation, which can be accessed via a live webcast on Donaldson's Investor Relations website.

Founded in 1915, Donaldson is a leader in filtration products, operating over 140 locations globally to address diverse filtration challenges across various industries.

Donaldson Company (NYSE: DCI) has expanded its iCue™ Connected Filtration Service, enabling remote monitoring of customer dust collectors by product specialists. This service enhances operational insights through a web-based dashboard, reducing unplanned downtime and supporting efficient maintenance. The new iCue Monitor Service allows specialists to respond quickly to alerts from dust collectors, offering recommendations for maintenance or urgent solutions. This innovative approach combines advanced connectivity with over a century of industry experience, promising improved response times and operational efficiency for clients.

Donaldson Company, Inc. (NYSE: DCI) announced new leadership appointments as part of a major organizational redesign aimed at enhancing its service to end market customers. Effective November 1, 2022, the company will shift away from a matrixed structure to establish a more streamlined approach. Key appointments include Guillermo Briseño as president of Industrial Solutions and Andrew C. Dahlgren as president of Life Sciences. The redesign aims to align business models and resources with market needs while ensuring accountability for performance.

Donaldson Company (NYSE: DCI) announced that Tod Carpenter, the company's chairman, president, and CEO, will present at the Morgan Stanley 10th Annual Laguna Conference on September 15 at 2:00 p.m. PST. Investors and stakeholders can listen to the live webcast on the Investor Relations website. A replay will be available for about 90 days post-event. Founded in 1915, Donaldson remains a global leader in filtration technologies across various industries.

Donaldson Company reported a strong performance in fiscal 2022 with a 15.1% increase in fourth-quarter sales, totaling $890 million. Full-year sales rose 15.9%, achieving over $3 billion in sales. GAAP EPS was $0.81 for Q4 and $2.66 for the year, reflecting growth from fiscal 2021. The company projects fiscal 2023 sales growth of 1% to 5% and EPS between $2.91 and $3.07. Challenges from currency translation and geopolitical issues were acknowledged, alongside a positive outlook for demand and pricing stability.