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Its shares, which had dipped 47 percent after two earlier profit warnings, rose 2.9percentt on the news that Mr. Zobl's resignation would take effect Thursday.
It scaled back revenue forecasts for the remainder of its financial year, which ends next January, and withdrew its earlier profit forecast.
Clean Harbors shares, which had plunged $1.99, to $10.90 on May 14, when the earlier profit figure was announced, fell 30 cents, to $9.04, in Nasdaq trading yesterday before the adjusted figures were disclosed.
Operating income before depreciation and amortization will be 3percentto4percentcent below a forecast in July, when the company cut its forecast by as much as 4percentt from an earlier profit target of $1.6 billion, Allied said.
The retail analyst Nick Bubb said of the earlier profit warning: "Today's news of falling profits and soaring capital expenditure [with no board changes and no take-private move by Mike Ashley] will bring the City down to earth".
The figures, showing a 12% fall in turnover to £115m and a £970,000 loss for the year to the end of July, came after two earlier profit warnings of weaker sales.
Similar(54)
Earlier Thursday Hormel said it earned $111.2 million, or 82 cents per share, in its fiscal first quarter, compared with a year-earlier profit of $81.4 million, or 60 cents per share.
Earlier Thursday Hormel Foods said it earned $111.2 million, or 82 cents per share, in its fiscal first quarter, compared with a year-earlier profit of $81.4 million, or 60 cents per share.
Excluding a charge for a legal settlement, the year-earlier profit was 45 cents a share.
Excluding that gain, year-earlier profit was 89 cents a share.
That compared with a year-earlier profit of $176 million, or 43 cents a share, on revenue of $9 billion.
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