Encore Wire Reports Second Quarter Results; Increased Gross Profit Margins; Highlights Share Repurchases During 2022
MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the second quarter of 2022. Second Quarter and YTD 2022 Highlights Second Quarter Earnings per diluted share of $10.71; YTD Earnings per diluted share of $18.62 Second Quarter Net income of $210.5 million; YTD Net income of $372.1 million Gross Profit of 38.3% in the second quarter of 2022; 36.2% YTD in 2022 Copper volume sold increased 2.7% over second quarter of 2021; increased 5
Encore Wire Reports Second Quarter Results; Increased Gross Profit Margins; Highlights Share Repurchases During 2022
MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the second quarter of 2022. Second Quarter and YTD 2022 Highlights Second Quarter Earnings per diluted share of $10.71; YTD Earnings per diluted share of $18.62 Second Quarter Net income of $210.5 million; YTD Net income of $372.1 million Gross Profit of 38.3% in the second quarter of 2022; 36.2% YTD in 2022 Copper volume sold increased 2.7% over second quarter of 2021; increased 5