Alpha Pro Tech Q2 sales rise
Alpha Pro Tech Q2 sales rise
Overview
U.S. protective apparel and building products maker's Q2 sales rose 12% yr/yr
Q2 net income increased yr/yr, EPS rose to $0.18
Disposable protective apparel segment sales grew 25%, driven by higher prices and channel partner demand
Outlook
Company expects building industry to remain soft but generally stable for remainder of 2026
Alpha Pro Tech anticipates modest increase in single-family housing starts in 2027 if conditions improve
Result Drivers
DISPOSABLE PROTECTIVE APPAREL - Segment sales rose 25% due to improved sales to a major international channel partner, national and regional distributors, and higher selling prices driven by U.S. tariffs
BUILDING SUPPLY SEGMENT - Sales up 5.5% as increases in housewrap and synthetic roof underlayment sales, along with lower rebates, offset continued weakness in the U.S. housing market
TARIFF REFUND - U.S. tariff refund recognized as a reduction in cost of goods sold, boosting gross profit and net income in the quarter
Company press release: ID:nGNX6Yqbc4
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales |
| $18.67 mln |
|
Q2 Net Income |
| $1.80 mln |
|
Reuters Recommended Reads
Aug 4 - Global Industrial Q2 sales rise, profit lifted by one-time tariff refund
Aug 5 - US refunds $100 billion in tariffs struck down by Supreme Court, filing shows
Aug 6 - Installed Building Products Q2 revenue beats on acquisitions, commercial growth
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(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.)