The 2020 Mid-Year Economic Update_long

Webco Sales Up 21.1% in Fiscal 2Q

Year-to-date sales up 25.2 percent compared to the prior year.

Webco Industries Inc. (OTC: WEBC), Sand Springs, OK, reported sales for the fiscal second quarter of $111 million, a 21.1 percent increase year-over-year. The company reported a profit of $8.4 million, up from $2.2 million the same quarter a year ago.

Sales for the first six months of the fiscal year were $225.2 million, a 25.2 percent increase over the same period a year ago. The company reported a profit of $11.5 million for the period, compared to $2.9 million the prior year.

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