PGT Reports 2014 Second Quarter Results
VENICE, Fla., July 28, 2014 -- PGT, Inc. (PGTI), the leading U.S. manufacturer and supplier of residential impact-resistant windows and doors, announces financial results for its second quarter and six months ended June 28, 2014.
"Sales in the second quarter of 2014, totaling $81.6 million, represents our highest quarterly sales since 2006. This is also our seventh straight quarter of at least 25% year over year sales growth. Sales increased 29.9% over the second quarter of 2013, primarily driven by our new construction sales, as well as marketing programs focused on driving our WinGuard products into the repair and remodel market. During the quarter, impact sales grew 33% over prior year and represented 77% of total sales, compared to 76% a year ago. In addition, sales of non-impact products grew 21%," said PGT's President and Chief Operating Officer, Jeff Jackson.
- Published: 29 July 2014
- Written by Editor