Olympic Steel, Inc. (ZEUS) Misses Q2 EPS by 9c

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Go back to Olympic Steel, Inc. (ZEUS) Misses Q2 EPS by 9c

Olympic Steel Reports Record Net Sales

August 7, 2014 6:30 AM EDT

Second-Quarter 2014 Sales and Earnings Improve Sharply From Year-Ago Levels

Board Declares Regular Quarterly Cash Dividend

CLEVELAND, Aug. 7, 2014 (GLOBE NEWSWIRE) -- Olympic Steel, Inc., (Nasdaq: ZEUS), a national metals service center, today announced financial results for the second quarter and six months ended June 30, 2014.

Net sales for the second quarter of 2014 increased $55.2 million, or 16.7%, to $386.0 million. This represents the highest net sales recorded during any quarter in the Company's history. The record revenue was driven by higher sales volume and reflects... More