Horizon Global (HZN) Misses Q3 EPS by 9c
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Horizon Global Reports Financial Results for Third Quarter 2021
November 4, 2021 6:30 AM EDTThird Quarter Highlights
Net sales of $196.5 million in a period impacted by rising commodity costs and global supply chain constraints $5.0 million decrease compared to third quarter of 2020 Gross profit of $38.8 million $4.6 million decrease from third quarter of 2020 Gross profit margin(4) decreased to 19.7% from 21.5% in the third quarter of 2020 Operating profit of $6.3 million $2.3 million decrease from third quarter of 2020 Net loss from continuing operations of $2.8 million $4.4 million decrease from third quarter of... More