Encore Wire Corp. (NASDAQ Global Select: WIRE), McKinney, TX, reported sales for 2016 of $940.8 million, a decrease of 7.6 percent from the previous year. Profit decreased 28.9 percent to $33.8 million.
Fourth-quarter sales were $239.2 million, a decrease of 4.6 percent from the same period the previous year. Profit increased 4.1 percent to $11.4 million.
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