Alpha Pro Tech Q2 net sales down 30.2% to $17.8M; EPS $0.12 vs $0.46 YoY

ALPHA PRO TECH LTD

2021-Q2 EPS reported $0.40 revenue$40,967,000

Net income of $1.7M ($0.12 diluted EPS) vs $6.2M ($0.46) in Q2 2020, down 73.1%.
Disposable Protective Apparel segment sales fell 55.6% to $8.0M; mask sales down 89.4%, shield sales down 93.2%.
Disposable protective garment sales set a quarterly record, up 36.3% YoY; Building Supply segment up 31.5% to $9.8M.
Cash of $15.5M, working capital $50.1M, no debt; inventory increased 31.3% to $22.0M.
Repurchased 150,000 shares for $1.3M during Q2; $777K remaining under buyback program.

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