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Second Quarter Summary Net sales of $181.2 million $40.9 million decrease from second quarter of 2021 Gross profit of $20.7 million $26.6 million decrease from second quarter of 2021 Gross profit margin (4) decreased to 11.4% from 21.3% in secon...
Horizon Global ( NYSE: HZN ) said Monday its board authorized a review of strategic alternatives , which may involve a sale of a portion or the entirety of the company. HZN said there can be no assurance that the review process will result in any deal or other alternative....
Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today announced that the Company’s Board of Directors has authorized the review of strategic alternatives to enhance shareholder value. Such strateg...
Horizon Global (NYSE: HZN) announced today that it will host a conference call regarding the Company’s second quarter 2022 results on Tuesday, August 9, 2022, at 8:30 a.m. Eastern Time. The conference call will be hosted by Horizon Global's President and Chief Executive Officer T...
Towing never looked this good! The all-new Hidden Hitch ® series from Draw-Tite is the newest, sleekest design in towing. Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and traile...
The board of branded towing and trailering equipment company, Horizon Global ( NYSE: HZN ), appointed Jian James Zhou CFO, effective immediately. Zhou, replacing Dennis Richardville, most recently served as executive vice president and CFO for Joyson Safety Syste...
Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, announced today that the Company’s Board of Directors appointed Jian James Zhou as Chief Financial Officer, effective immediately. Mr. Zhou most...
Horizon Global (NYSE:HZN) said Wednesday its unit Horizon Global Americas and Continental Automotive Systems will amicably resolve their 2-year-old dispute over patent rights. Terms of the resolution of the dispute over patent rights to their electronic trailer brake controllers, are confiden...
Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today released the following announcement: Horizon Global Americas Inc., a subsidiary of Horizon Global Corporation (NYSE: HZN), and Continental Automo...
The auto sector, including manufacturers and auto parts providers, are edging lower on Monday as troubles in China persist. Headlining the declines is Tesla (NASDAQ:TSLA) which has again delayed the ramp-up of its production at the Shanghai Gigafactory, per Reuters. Output was originally sche...
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First Brands Group, LLC (“First Brands”) and Horizon Global Corporation (“Horizon Global”) today announced that following the successful completion of First Brands’ tender offer to purchase (a) any and all issued and outstanding shares of common stock of Horizon...
First Brands Group, LLC (“First Brands”) and Horizon Global Corporation (“Horizon Global”) today announced that First Brands’ tender offer to purchase (a) any and all issued and outstanding shares of common stock of Horizon Global (NYSE: HZN) at a price of $1.75...
Horizon Global Corporation (NYSE: HZN) (“Horizon Global”), one of the world’s leading manufacturers of branded towing and trailering equipment, today announced it has entered into a definitive merger agreement with First Brands Group, LLC (“First Brands”), a glo...