PGT, Inc. (PGTI) Tops Q4 EPS by 2c

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PGTI Reports 2020 Fourth Quarter and Fiscal Year Results and Provides Fiscal 2021 Guidance

February 24, 2021 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 January 2, 2021.

Financial Highlights for 2020 compared to 2019

Fourth quarter 2020 net sales increased 27 percent, to $222 million, including $28 million from our NewSouth acquisition Fourth quarter 2020 gross profit increased 40 percent, to $79 million Fourth quarter 2020 net income increased 204 percent, to $10 million Fourth quarter 2020 net income per diluted share increased 183... More