- Guides Q2 EPS $0.85-0.95 v $1.22e, R $290-300M v $307.8Me.
- Company attributes the lower than expected results to the weakness of the overall US economy, a more competitive pricing environment and a slower than expected start in the new fiscal year for its two most recent acquisitions.
- Q1 SSS -2.1% y/y
- Sees Q2 SSS -3.9% v prior Q2 view of +0-2%.

Other headlines for [CGX]

• CGX 11/5/2008 07:32am
  Consolidated Graphics, Inc. Reports Q2 $0.90 v $0.66e, R $297M v $286.1Me- Guides Q3 EPS $0.75-0.95 v $1.06e, Rev $300-320M v $335.9Me
  

Industrials sector headlines

• B5A.GE Today 06:39am
  Bauer AG CEO: Orders cancelled due to credit crunch, decline will not be "dramatic" - conf call- Believes 2009 profit will fall on machinery, building slump. - Does not expect major acquisitions next year.
  
• BKR Today 06:19am
  Michael Baker Corp UPDATE: Janney Initiates BKR with Neutral
  
• SAS.SW Today 05:01am
  SAS Reports Nov Load Factor 64.5% v 63.1% y/y- Says capacity reductions are gradually taking effect - Carried 2.7M passengers in Nov
  
• Today 04:44am
  (IT) Italian Nov Light-truck vehicle sales 16.7K units (-32% y/y)
  
• VOS.GE Today 04:37am
  Vossloh Commerzbank Cuts VOS.GE to Hold from Buy