AEP Industries (AEPI) Reports Q1 EPS of $1.54

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/8/2026

1. LEVI
2. APLD
3. STZ
4. DVN
5. CRGY
6. ZETA
7. ARGX
8. SPY
9. RMR
10. PEP

Go back to AEP Industries (AEPI) Reports Q1 EPS of $1.54

AEP Industries Inc. Reports Fiscal 2016 First Quarter Results

March 10, 2016 8:00 AM EST

MONTVALE, N.J., March 10, 2016 /PRNewswire/ -- AEP Industries Inc. (Nasdaq: AEPI) (the "Company" or "AEP") today reported financial results for its first quarter ended January 31, 2016.

Net sales for the first quarter of fiscal 2016 decreased $21.9 million, or 8%, to $253.6 million as compared to the first quarter of fiscal 2015. The decrease was the result of an 11% decrease in average selling prices, primarily due to the pass through of lower resin costs, partially offset by a 4% increase in sales volume compared to the same period in the prior fiscal year. The first... More