Hammond Manufacturing Company Limited Announces Financial Results For The Third Quarter Ending September 26, 2025

Financial Performance - For the nine months ending September 26, 2025, net product sales reached $209.278 million, an increase from $183.196 million for the same period in 2024, reflecting a growth of approximately 14.0% [1] - Income from operating activities decreased to $18.987 million from $20.651 million year-over-year [1] - Net income for the period was $12.488 million, down from $13.568 million in the previous year [1] - Total comprehensive income for the period was $11.520 million, compared to $14.315 million in the prior year [1] - Earnings per share (EPS) remained at $1.10 for both basic and diluted shares, down from $1.20 in the previous year [1] Market Conditions - The company reports that North American markets remain strong, indicating a positive outlook for sales despite challenges [1] - Ongoing US tariffs are negatively impacting earnings, suggesting external economic factors are affecting profitability [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]