Welbilt (WBT) Tops Q2 EPS by 11c, Maintains Guidance
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Welbilt Reports 2021 Second Quarter Operating Results
August 3, 2021 6:00 AM EDTNEW PORT RICHEY, Fla.--(BUSINESS WIRE)-- Welbilt, Inc. (NYSE: WBT), today announced financial results for its 2021 second quarter.
2021 Second Quarter Highlights (1)
Net sales were $395.6 million, an increase of 92.0 percent from the prior year; Organic Net Sales (a non-GAAP measure) increased 85.8 percent from the prior year Earnings from operations were $50.2 million compared to $0.7 million in the prior year; as a percentage of net sales, earnings from operations were 12.7 percent compared to 0.3 percent in the prior year Adjusted Operating EBITDA (a... More