Triumph Group Provides Update On COVID-19 Response
Triumph Group, Inc. (TGI)
Last triumph group, inc. earnings: 2/6 06:00 am
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US:NYSE Investor Relations:
ir.triumphgroup.com/investor-overview
Company Research
Source: PR Newswire
BERWYN, Pa., April 10, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on the current impact of the coronavirus (COVID-19) on the business and the steps the Company is taking to mitigate it. To align capacity with short- and medium-term customer demand, conserve cash and maintain long-term competitiveness, the following actions are underway: Given that Boeing has extended closure of its Washington state factories indefinitely, and closed its Charleston, South Carolina plant until further notice, Triumph announced furloughs for approximately 2,300 employees across Triumph plants in the U.S. and Europe for two to four weeks to reduce capacity associated with Boeing Commercial Aircraft programs. These plants will remain operational and continue to support other customer demands. Triumph will provide one week of company pay and will cover the employee share of medical premiums during the furlough period. In addition to the previo
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News
- Triumph Group, Inc. (NYSE: TGI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Triumph Group, Inc. (NYSE: TGI) had its price target raised by analysts at Barclays PLC from $16.00 to $21.00. They now have an "overweight" rating on the stock.MarketBeat
- Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio [Yahoo! Finance]Yahoo! Finance
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- Triumph Group, Inc. (NYSE: TGI) had its price target raised by analysts at TD Cowen from $14.00 to $20.00. They now have a "hold" rating on the stock.MarketBeat
TGI
Earnings
- 11/12/24 - Beat
TGI
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- TGI's page on the SEC website