PGT, Inc. (PGTI) Reports In-Line Q4 EPS

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PGTI Reports Fourth Quarter and Fiscal Year 2022 Results, Provides First Quarter 2023 Guidance

February 22, 2023 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, garage doors, and products designed to unify indoor/outdoor living spaces, today announced financial results for its fourth quarter and fiscal year ended December 31, 2022.

Financial Highlights for Fourth Quarter 2022

(All results reflect comparison to prior-year period; Cash on hand is compared to prior-year end)

Net sales totaled $341 million, an increase of 12 percent (includes organic growth of 5 percent). Net income was $8 million, a decrease of 54... More