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Aug 9 (Reuters) - Charles River Laboratories International (CRL.N) beat Wall Street estimates for second-quarter results on Wednesday, as the strong demand for contract researcher's tools and services cushioned the impact of suspended non-human primates' (NHP) shipment. The statement comes after Charles River in February suspended the shipment of NHPs from Cambodia as the Department of Justice and U.S. Fish and Wildlife Service investigated the company over smuggling of wild long-tailed macaques to the United States. The Massachusetts-based company tightened its full-year profit forecast to the range of $10.30 to $10.90 per share, compared with $9.90 to $10.90 previously expected. Excluding items, the company earned $2.69 per share in the quarter ended July 1, beating analysts' average estimate of $2.64 per share.
Persons: Charles River, Charles River's, Vaibhav Sadhamta, Shweta Agarwal Organizations: River Laboratories, Department of Justice, Fish, Wildlife Service, Thomson Locations: United States, NHPs, Cambodia, The Massachusetts
March 31 (Reuters) - The board of Charles River Laboratories (CRL.N) has unanimously recommended against a shareholder proposal requiring transparency on its import practices of lab monkeys, according to a regulatory filing by the U.S. contract research organization firm. PETA's proposal also demands information on whether the monkeys are caught in the wild or bred in captivity. Charles River shareholders will vote on PETA and other proposals from the board at the company's annual meeting on May 9. According to government estimates, 95% of the 92,430 monkeys brought into the U.S. between 2019 and 2021 were long-tailed macaques. While Charles River's board recommended against PETA's proposal, it said the company will include information on how its "imports are purpose-bred in accordance with applicable laws" in its 2024 annual report, the filing on Thursday showed.
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