Goodfellow Inc. announced its financial results for the 3Q ended August 31, 2019. The company reported a net income of $2.5 million or $0.29 per share compared to a net income of $2 million or $0.23 per share a year ago.
Consolidated sales for the three months ended August 31, 2019 were $130.6 million compared to $132.5 million last year.
For the nine months ended August 31, 2019, the company reported a net income of $2.8 million or $0.33 per share compared to a net income of $2.4 million or $0.28 per share a year ago.
Consolidated sales for the nine months ended August 31, 2019 were $342.5 million compared to $362.5 million last year. On the operating side, selling, administrative and general expenses decreased overall by $3.1 million.
Goodfellow Inc. is a distributor of lumber products, building materials and floor coverings.
