AEP Industries (AEPI) Reports Q2 EPS of $2.18

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AEP Industries Inc. Reports Fiscal 2015 Second Quarter And Year-To-Date- Results

June 9, 2015 8:00 AM EDT

MONTVALE, N.J., June 9, 2015 /PRNewswire/ -- AEP Industries Inc. (Nasdaq: AEPI, the "Company" or "AEP") today reported financial results for its second quarter ended April 30, 2015.

Net sales for the second quarter of fiscal 2015 decreased $9.2 million, or 3%, to $285.7 million from $294.9 million for the second quarter of fiscal 2014. Net sales for the six months ended April 30, 2015 decreased $6.3 million, or 1%, to $561.2 million from $567.5 million in the same period of the prior fiscal year. The decrease for the second quarter of fiscal 2015 was the result of a 2% decrease in average selling prices primarily due to the pass through... More