L.B. Foster Reports First Quarter Operating Results May 03, 2021 16:33 ET | Source: L.B. Foster Company L.B. Foster Company Pittsburgh, Pennsylvania, UNITED STATES PITTSBURGH, May 03, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a leading provider of products and services for the rail industry and solutions to support critical infrastructure projects, today reported its first quarter of 2021 operating results, which included the following performance highlights: First quarter of 2021 net sales were $116.1 million, a decrease of $5.8 million, or 4.8%, from the prior year quarter. First quarter of 2021 gross profit was $18.8 million, a decline of $4.3 million, or 18.6%, from the prior year quarter. Gross profit margin was 16.2% for the first quarter of 2021 versus 19.0% in the prior year quarter.