Drew Industries (DW) Tops Q2 EPS by 22c
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Drew Industries Reports 2016 Second Quarter Results
August 4, 2016 7:31 AM EDTELKHART, Ind., Aug. 4, 2016 /PRNewswire/ -- Drew Industries Incorporated (NYSE: DW), a leading supplier of components for recreational vehicles ("RVs") and adjacent industries, today reported consolidated net sales in the second quarter of 2016 increased to $441 million, 22 percent higher than the 2015 second quarter. The increase in year-over-year net sales reflects industry-wide growth in wholesale shipments of towable RVs by original equipment manufacturers ("OEMs"), which increased by 12 percent in the second quarter of 2016, enhanced by acquisitions completed by the Company over the twelve months ended June 30, 2016, as well as the July 2015 distribution and supply agreement... More
