H.B. Fuller Co. recently reported financial results for the first quarter.
H.B. Fuller Co. recently reported financial results for the first quarter that began on Dec. 2, 2018 and ended on March 2. Net revenue for the first quarter of 2019 was $673 million, a decrease of 5.6% compared with the first quarter of 2018.
Net income for the first quarter of 2019 was $12 million, compared with $48 million in the same period last year. The decline was reportedly due primarily to a $35 million one-time, non-cash tax benefit in the first quarter of 2018 related to U.S. Tax Reform.