Ply Gem's Q2 results show sales gain with net loss
Ply Gem Holdings, Inc. announced mixed results for its fiscal second quarter, with a gain in net sales but a loss on the bottom line.
Net sales for the second quarter were $368.1 million, up 19.8% over last year's $307.3 million. The company's second quarter acquisitions of Gienow and Mitten accounted for approximately $37.5 million in sales.
Meanwhile, net income swung to a loss of $50.9 million, compared to from 2012 income of $5.3 million.