Rockwell Automation misses quarterly forecasts on shipping delays

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Aug 1 (Reuters) - Rockwell Automation (ROK.N) on Tuesday reported third-quarter sales and profit below expectations after shipping delays impacted its ability to get goods to customers...

"We made a change in our U.S. distribution center that added capacity to support higher revenue in fiscal Q4 and beyond," Rockwell's chief executive Blake Moret said...

The company said on a post-earnings call it had missed about a week of planned shipments in May due to a longer-than-expected changeover to a new third-party logistics supplier at its North American distribution center...

Rockwell Automation earned $3.01 per share on an adjusted basis in the third quarter through June, missing analysts' average estimate of $3.17 per share, based on Refinitiv data...

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