PGT Innovations (PGTI) PT Lowered to $18 at SunTrust Following 4Q
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PGTI Reports 2018 Fourth Quarter and Fiscal Year Results
February 27, 2019 7:30 AM ESTFourth Quarter Sales of $190 million Driven by Continued Strength in Legacy Repair & Remodel and New Construction Channels and Inclusion of Western Window Systems
VENICE, Fla.--(BUSINESS WIRE)-- PGT Innovations, Inc. (NYSE: PGTI), a national leader in the premium window and door category, today announced financial results for its fourth quarter and fiscal year ended December 29, 2018.
Financial Highlights for Fourth Quarter 2018 versus Fourth Quarter 2017
Net sales of $190 million, an increase of $56 million, or 42 percent Gross margin of 34.6 percent, compared to 32.0 percent... More