PGT, Inc. (PGTI) Tops Q2 EPS by 6c
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PGTI Reports 2020 Second Quarter Results
August 12, 2020 7:30 AM EDTVENICE, 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 second quarter ended July 4, 2020.
Financial Highlights for Second Quarter 2020 compared to Second Quarter 2019
Net sales increased 2 percent, to $203 million, including $23 million from our NewSouth acquisition Gross profit increased 2 percent, to $74 million Net income decreased 87 percent, to $2 million, negatively impacted by an $8 million non-cash impairment charge and $4 million in... More