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Fortune Brands Home & Security : Delivers Strong Sales and Profit Growth in 2Q 2021; Company Further Increases 2021 Annual Outlook Based on Continued Expected Outperformance in a Strong Housing Market

Fortune Brands Home & Security : Delivers Strong Sales and Profit Growth in 2Q 2021; Company Further Increases 2021 Annual Outlook Based on Continued Expected Outperformance in a Strong Housing Market
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Omega Flex, Inc. Announces First Quarter 2021 Earnings


Omega Flex, Inc. Announces First Quarter 2021 Earnings
EXTON, Pa., April 21, 2021 (GLOBE NEWSWIRE)
 
 
 
 
 
 
Kevin R. Hoben, Chairman and CEO, announced that the Company’s Net Sales for the first quarter of 2021 were $30,863,000 compared to $25,266,000 during the first quarter of last year, increasing $5,597,000 or 22.2%. Net Income was $6,267,000 for the first three months of 2021 versus $4,344,000 during the same period last year, increasing $1,923,000 or 44.3%.   In contrast to the first quarter of last year which was impeded by the pandemic, the first quarter of 2021 reflects the Company’s best first quarter on record.
INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This news release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict, and may be beyond the ability of Omega Flex to control. Certain statements in this news release constitute forward-looking sta ....

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