NCI Building Systems (NCS) Tops Q1 EPS by 6c
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NCI Building Systems Reports Strong First Quarter 2016 Fiscal Year Results
March 8, 2016 4:15 PM ESTHOUSTON, March 8, 2016 /PRNewswire/ --Â NCI Building Systems, Inc. (NYSE: NCS) ("NCI" or the "Company") today reported financial results for its first fiscal quarter ended January 31, 2016.
First Quarter 2016 Financial and Operational Highlights:
Sales rose 14.6% to $370.0 million, compared to $322.9 million in last year's first quarter, primarily driven by the acquisition of CENTRIA that closed in January 2015. Gross profit increased 24.4% to $89.7 million and gross margin expanded 190 basis points year-over-year to 24.2%. Net income per diluted common share was $0.08, which included several offsetting special items that had a $0.01 favorable... More