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VOXX International Q2 2021 sales $128.0 million

Christian Fernsby ▼ | October 15, 2020
VOXX International announced financial results for its fiscal 2021 second quarter ended August 31, 2020.
VOXX
VOXX   The gross margin in the Fiscal 2021 second quarter was 29.7%
Net sales in the Fiscal 2021 second quarter ended August 31, 2020 were $128.0 million, an increase of $37.8 million or 41.9%, as compared to $90.2 million in the Fiscal 2020 second quarter ended August 31, 2019.

Topics: VOXX International

The gross margin in the Fiscal 2021 second quarter was 29.7%, up 340 basis points compared to the prior fiscal year period.

The company reported operating income of $8.7 million in the Fiscal 2021 second quarter, as compared to an operating loss of $7.7 million in the comparable year-ago period, an improvement of $16.4 million.


 

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