Second Quarter Financial Results and Quarterly Dividends Announcements - Research Report on Caesarstone, Vulcan, Harsco, Snap

   Second Quarter Financial Results and Quarterly Dividends Announcements -
       Research Report on Caesarstone, Vulcan, Harsco, Snap-on, and PGT

PR Newswire

NEW YORK, August 23, 2013

NEW YORK, August 23, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting
Caesarstone Sdot-Yam Ltd. (NASDAQ: CSTE), Vulcan Materials Company (NYSE:
VMC), Harsco Corporation (NYSE: HSC), Snap-on Inc. (NYSE: SNA), and PGT, Inc.
(NASDAQ: PGTI). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Caesarstone Sdot-Yam Ltd. Research Report

On August 7, 2013, Caesarstone Sdot-Yam Ltd. (Caesarstone) reported its Q2
2013 financial results. The Company reported revenues of $89.0 million, an
increase of 17.9% YoY, primarily driven by continued increase in sales in the
United States and Canada. GAAP operating income for the quarter totaled $22.2
million compared to $13.9 million in Q2 2012. GAAP net income attributable to
controlling interest totaled $19.7 million, higher as compared to $11.7
million in Q2 2012. Diluted EPS were $0.56 (on 35.1 million shares) compared
to $0.34 (on 34.4 million shares) in Q2 2012. Commenting on the results, Yosef
Shiran, Caesarstone CEO, said, "We are pleased to report another record
quarter for sales and profitability, particularly in our fast-growing North
American markets where quartz is increasingly embraced. We continue to look
forward to completing capacity expansion projects both in Israel and the
United States to reinforce our growth capability, maintain our leadership
position and create growth and value for both our customers and our
shareholders." The Company re-affirmed its guidance with full-year 2013
revenue in the range of $330 million to $340 million. The Full Research Report
on Caesarstone Sdot-Yam Ltd. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/e198_CSTE]

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Vulcan Materials Company Research Report

On August 1, 2013, Vulcan Materials Company (Vulcan) reported its Q2 2013
financial results. The Company reported total revenues of $738.7 million,
representing a growth of 6.4% YoY growth. Earnings from continuing operations
totaled $30.1 million or $0.23 per share, compared to a loss of $17 million or
$0.13 per share in Q2 2012. Reflecting on Q2 2013 performance, Don James,
Chairman and CEO, said, "Each of our operating segments reported solid growth
in second quarter earnings, contributing to improved gross profit margin and
earnings per share. He continued, "Growth in residential construction
activity, and its traditional following impact on private nonresidential
construction, continues to underpin our expectations for volume and earnings
improvement in 2013." The Full Research Report on Vulcan Materials Company -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/0fac_VMC]

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Harsco Corporation Research Report

On August 8, 2013, Harsco Corp. (Harsco) released its Q2 2013 financial
results. During the quarter, the Company reported a 1.4% YoY decline in
revenues to $759.7 million, primarily due to lower Metals & Minerals volume,
which were partially offset by volume growth in Infrastructure and Industrial
segments. Net income attributable to Harsco common stockholders was $23.8
million, compared with $12.7 million in Q2 2012, while diluted EPS
attributable to Harsco common stockholders was $0.29, compared with $0.16 in
Q2 2012. "Second quarter earnings per share were within our guidance range and
driven by the performance of the Infrastructure, Rail and Industrial
businesses," said Harsco President and Chief Executive Officer Patrick Decker.
"We are executing a comprehensive simplification program that is focused on
improving our operating model to increase our speed and ability to execute."
The Company anticipates diluted EPS from continuing operations for Q3 2012 in
the range of $0.17 to $0.22. The Full Research Report on Harsco Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/6daf_HSC]

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Snap-on Inc. Research Report

On August 1, 2013, Snap-On Inc.'s (Snap-On) Board of Directors approved a
quarterly common stock dividend of $0.38 per share. The Company reported that
the dividend is payable on September 10, 2013 to shareholders of record on
August 23, 2013. The Company claimed that it has paid consecutive quarterly
cash dividend without interruption and reduction since 1939. The Full Research
Report on Snap-on Inc. - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/a84c_SNA]

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PGT, Inc. Research Report

On July 31, 2013, PGT, Inc. (PGT) reported its Q2 FY 2013 financial results
(period ended June 29, 2013). PGT reported net sales of $62.8 million,
representing a growth of 35.2% YoY. As per PGT, the increase was driven by
improved market conditions in Southeast and Southwest Florida markets, as well
as sales and marketing programs which focused on the Company's WinGuard
products. Gross margin for the quarter was 33.5%, marking a decline of 2.0%
YoY. Net income totaled $9.9 million, compared to $3.7 million in Q2 FY 2012.
Net income per diluted share came in at $0.19, compared to $0.07 in Q2 FY
2012. PGT's President and CEO, Rod Hershberger commented, "Sales in the second
quarter of 2013, totaling $62.8 million, represented the highest quarterly
sales since the first quarter of 2007." He continued "The improvement in
financial performance is the result of the continued dedication of our
employees, who worked hard to keep pace with the growing demand for our
products and consistently deliver on our value proposition." The Full Research
Report on PGT, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/e09f_PGTI]

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