WSI Industries, Inc. (WSCI) Reports Q2 EPS of $0.15

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WSI Industries Reports 12% Sales Increase and 76% Increase in Net Earnings

March 24, 2015 5:30 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- WSI Industries, Inc. (Nasdaq: WSCI) today reported sales for its fiscal 2015 second quarter ending March 1, 2015 of $11,738,000 versus the prior year amount of $10,484,000, or an increase of 12%. Year-to-date sales for the twenty-six weeks ended March 1, 2015 totaled $21,836,000, an increase of 6% versus $20,683,000 in the prior year. The Company reported net income of $456,000 or $.15 per diluted share for the fiscal 2015 second quarter which was an increase of 76% over the prior year amount of $258,000 or $.09 per diluted share. Year-to-date income for the first two quarters also increased with the Company reporting net earnings of $622,000 or $.21 per... More