PGT, Inc. (PGTI) Tops Q4 EPS by 1c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus, Affirms FY20 EPS Views

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PGTI Reports 2019 Fourth Quarter and Fiscal Year Results

February 25, 2020 7:30 AM EST

VENICE, Fla.--(BUSINESS WIRE)-- PGT Innovations, Inc. (NYSE: PGTI), a national leader in premium windows and doors, including impact-resistant products and products designed to unify indoor/outdoor living spaces, today announced financial results for its fourth quarter and year ended December 28, 2019.

Financial Highlights for 2019 Compared to 2018

Fourth quarter 2019 net sales were $175 million, compared to $190 million; Full year 2019 net sales were $745 million, compared to $698 million, including a net increase of $89 million from Western Window Systems Fourth quarter 2019 net income was $3 million, compared to $10 million; Fourth quarter 2019... More