Gates Industrial Reports Third-Quarter 2024 Results

DENVER, Oct. 30, 2024 /PRNewswire/ -- For the three months ended (USD in millions) September 28, 2024 September 30, 2023 % Change % Core Change Third-Quarter 2024 Financial Summary Third-quarter net sales of $830.7 million, down 4.8% compared to the prior-year period and representing a core sales decline of 3.8% year-over-year. Net income attributable to shareholders of$ 47.6 million, or $0.18 per diluted share. Adjusted Net Income per diluted share of$ 0.33. Net income from continuing operations of $55.2 m ...