The 2020 Mid-Year Economic Update_long

General Cable 3Q Sales Down 15.7%

Year-to-date sales decreased 17.2 percent year-over-year.

General Cable Corp. (NYSE: BGC), Highland Heights, KY, reported sales for the third quarter of $924.5 million, a year-over-year decline of 15.7 percent. The manufacturer reported a loss of $14.3 million, compared to year-ago loss of $29 million.

For the nine months, sales were $2.9 billion, a year-over-year decline of 17.2 percent. The company reported a profit of $10.8 million for the period, compared to a year-ago loss of $74 million.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By :