Protective gear maker Alpha Pro Tech's Q2 net income falls

Reuters
Aug 07
Protective gear maker <a href="https://laohu8.com/S/APT">Alpha Pro</a> Tech's <a href="https://laohu8.com/S/QTWO">Q2</a> net income falls 

Overview

  • Alpha Pro Tech Q2 net sales rise 2.4% yr/yr, driven by Building Supply growth

  • Disposable Protective Apparel sales fall 12%, impacting overall net income

  • Co maintains strong cash position with $14.5 mln and no debt

Outlook

  • Alpha Pro Tech expects Building Supply segment growth in second half of 2025

  • Alpha Pro Tech plans price increases to offset tariff impacts

  • Company sees potential improvement in face mask demand later in 2025

Result Drivers

  • BUILDING SUPPLY GROWTH - Sales in the Building Supply segment increased by 11.5%, driven by strong demand for housewrap and synthetic roof underlayment

  • DISPOSABLE APPAREL DECLINE - Sales in the Disposable Protective Apparel segment fell by 12.0%, impacted by reduced demand for face masks and protective garments

  • TARIFF IMPACT - Gross profit margins were negatively affected by higher tariffs and ocean freight rates, prompting planned price increases

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 EPS

$0.12

Q2 Net Income

$1.20 mln

Q2 Basic EPS

$0.12

Press Release: ID:nGNX5pkvPW

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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