Supreme Industries (STS) Tops Q3 EPS by 3c

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Supreme Industries Reports Higher Sales and Earnings for 2016 Third Quarter and Year-to-Date

October 20, 2016 4:15 PM EDT

Third Quarter Net Income Increases 79% on 15% Higher Sales

GOSHEN, Ind.--(BUSINESS WIRE)-- Supreme Industries, Inc. (NYSE MKT: STS), a leading manufacturer of specialized commercial vehicles including truck bodies and specialty vehicles, today announced improved financial results for its third quarter and nine-months ended September 24, 2016.

2016 Third-Quarter Results

Consolidated net sales grew 15.4%, in the third quarter, to $74.8 million, compared with $64.8 million in last years third quarter. Higher sales volume in the quarter improved capacity utilization, enhancing margins in addition to a favorable mix. Gross margin... More