Hammond Manufacturing Company Limited Announces Financial Results For The Second Quarter Ending June 27, 2025:

Core Insights - Year-to-date sales for the company have increased compared to the previous year, but overall earnings have declined due to the impact of tariffs on products sold in the US [1]. Financial Performance - Net product sales for the six months ending June 27, 2025, were $138.492 million, up from $121.030 million for the same period in 2024, representing a year-over-year increase of approximately 14% [1]. - Income from operating activities decreased to $13.254 million for the six months ending June 27, 2025, compared to $14.188 million for the same period in 2024, a decline of about 6.6% [1]. - Net income for the period was $8.630 million, down from $9.169 million in the previous year, reflecting a decrease of approximately 5.9% [1]. - Total comprehensive income for the period was $7.011 million, compared to $10.250 million in the previous year, indicating a significant decline of about 31.5% [1]. - Earnings per share (EPS) for the six months was $0.76, down from $0.81 in the previous year [1]. Company Overview - Hammond Manufacturing Company Limited specializes in manufacturing a wide range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors, and electronic transformers [2].