VOXX Int'l (VOXX) Reports In-Line Q1 EPS
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VOXX International Corporation Reports Fiscal 2016 First Quarter Financial Results
July 9, 2015 4:15 PM EDTHAUPPAUGE, N.Y., July 9, 2015 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), today announced financial results for its Fiscal 2016 first quarter ended May 31, 2015.Â
Net sales for the Fiscal 2016 first quarter were $164.4 million compared to $187.0 million reported in the comparable year-ago period, a decline of $22.5 million or 12.1%. The majority of the decline was related to foreign exchange as the Euro conversion accounted for $14.0 million, and approximately $5.0 million was related to the sale of its distribution business in Mexico, which occurred in the fiscal 2015 first quarter. The remainder was... More
