date:May 13, 2019
overall net sales, as exhibited in its Third Quarter Fiscal Year 2019 Financial Results, issued on April 9, 2019. In the report, the companys third quarter closed with the following highlights:
Net sales decreased 5 percent to US$599.8 million compared to the prior year period.
Adjusted gross margin of 21.6 percent, a 140 basis point decrease over the prior year period and a 130 basis point increase from the second quarter of fiscal 2019.
Adjusted operating income of $38.9 million compared to $