Cummins Tempers Full-Year Sales Outlook on Weaker Pickup-Truck Demand
Cummins said weaker-than-expected pickup-truck demand during the recent quarter offset continued strength in power-generation equipment. The company now anticipates lower revenue.
By Connor HartCummins tempered its full-year sales outlook, as weaker-than-expected pickup-truck demand during the recent quarter offset continued strength in power-generation equipment.The company, which makes truck engines and other industrial products, on Thursday said it now anticipates revenue…