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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