Quaker Chemical (KWR) Tops Q1 EPS by 1c
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Quaker Chemical Announces First Quarter 2019 Results
May 2, 2019 4:23 PM EDTCONSHOHOCKEN, Pa., May 2, 2019 /PRNewswire/ -- Quaker Chemical Corporation (NYSE: KWR) today announced first quarter of 2019 net sales of $211.2 million compared to $212.1 million in the prior year first quarter. The Company's current quarter net sales benefitted from higher volumes of 3% as well as increases from selling price and product mix of 1%, but were negatively impacted by foreign currency translation of approximately 5%. The Company increased its gross profit quarter-over-quarter as a result of a higher gross margin of 35.9% in the first quarter of 2019 compared to 35.6% in the prior year.
The Company's first... More
