PGT, Inc. (PGTI) Reports In-Line Q4 EPS

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PGTI Reports 2016 Fiscal Year and Fourth Quarter Results

February 21, 2017 6:00 AM EST

Record Annual Sales of $459 million

Record Fourth Quarter Sales of $110 million

Fiscal Year 2016 Financial Highlights versus the Prior Year

Net sales of $458.6 million, an increase of $68.7 million, or 18 percent (8 percent organic); Gross margin of 30.6 percent, unchanged from last year; Gross margin, as adjusted, of 30.9 percent, compared to 31.9 percent; Net income of $23.7 million, compared to $23.6 million; Net income, as adjusted, of $26.6 million, compared to $29.3 million; Net income per diluted share of $0.47, unchanged from... More