The Latest Breaking News from PGT Innovations

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.26%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.15%. Stock index futures this morning are moderately higher on the increase in M&A activity after Nippon Steel agreed to acquire United States Steel for about $14.1 billion,...

Gainers

According to Benzinga Pro, during Q1, PGT Innovations (NYSE:PGTI) earned $23.83 million, a 41.59% increase from the preceding quarter. PGT Innovations also posted a total of $358.66 million in sales, a 17.81% increase since Q4.

PGT Innovations Inc (NYSE:PGTI) reported first-quarter sales growth of 32% year-over-year to $358.66 million, +17% organic growth, beating the consensus of $338.24 million. Adjusted EPS was $0.42, above the consensus of $0.37. The gross margin expanded by 287 bps to 37.5%. The operating income improved 60% Y/Y to $38.71 million, and the…