TEXTRON INC. (NYSE:TXT) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
On January24, 2019, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter and year ended December29, 2018. This press release is attached hereto as Exhibit99.1 and is incorporated herein by reference.
A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results of operations is attached to the press release attached hereto as Exhibit99.1.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits
The following exhibit is filed herewith:
|
Exhibit Number |
Description |
|
99.1 |
Press release dated January24, 2019. |
TEXTRON INC Exhibit
EX-99.1 2 a19-3355_1ex99d1.htm EX-99.1 Exhibit 99.1 Corporate Communications Department NEWS Release Textron Reports Fourth Quarter 2018 Results; Announces 2019 Financial Outlook · EPS from continuing operations of $1.02; adjusted EPS of $1.15 · Segment profit of $397 million up 10.3% from prior year · Operating margin of 10.6%,…
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About TEXTRON INC. (NYSE:TXT)
Textron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services across the world. The Company operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. Textron Aviation manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems segment’s product lines consist of unmanned aircraft systems, marine and land systems, weapons and sensors, and simulation, training and other defense and aviation mission support products and services. The Industrial segment designs and manufactures a range of products under three principal product lines. The Finance segment provides financing to purchasers of Textron Aviation aircraft and Bell helicopters.
