Encore Wire Corp. (NASDAQ Global Select: WIRE), McKinney, TX, reported sales for the third quarter of $269.2 million, a decrease of 15.7 percent from the same period a year ago. Profit fell 59.7 percent to $5.5 million.
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For the first nine months, sales for Encore were $814.3 million, 12.6 percent lower than the comparable period a year ago. Profit fell 56.7 percent to $14.6 million.