NCI Building Systems (NCS) Tops Q2 EPS by 2c
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NCI Building Systems Reports Strong Second Fiscal Quarter 2016 Results
May 31, 2016 4:15 PM EDTHOUSTON, May 31, 2016 /PRNewswire/ -- NCI Building Systems, Inc. (NYSE: NCS) ("NCI" or the "Company") today reported financial results for its second fiscal quarter ended May 1, 2016.
Second Quarter 2016 Financial and Operational Highlights:
Sales rose 3.4% to $372.2 million, compared to $360.1 million in last year's second quarter, on a 15.8% improvement in tonnage volumes Gross profit increased 17.8% to $89.4 million year-over-year and gross margin expanded 290 basis points year-over-year to 24.0%. Net income was $2.4 million and net income per diluted common share was $0.03, which included several offsetting special items that had a $0.01... More