Posted 四月 18, 2018
Goodfellow Inc. announced its financial results for the three months ended February 28, 2018. The Company reported a net loss of $(1.4) million, or $(0.17) per share compared to a net loss of $(5.4) million, or $(0.63) per share a year ago.
Consolidated sales for the three months ended February 28th, 2018 were $96.7 million compared to $113.5 million last year.
“It is clear we are moving towards historical result levels for the winter quarter. We are budgeting for a profitable balance of the year. Many measures are being taken to stimulate and grow profitable sales while we keep a very close watch on our cost base,” said Patrick Goodfellow, President and CEO. “We continue to receive strong support from our customer and supplier base and employee morale has recovered from the dark days of last year”.
Goodfellow Inc. is a distributor of lumber products, building materials, and hardwood flooring products.