RBC Bearings Inc. (Nasdaq: ROLL), Oxford, Connecticut, reported sales for the 2020 fiscal fourth quarter of $185.8 million, up 2% for the quarter. Profit was $33.8 million compared to $31.4 million in the fourth quarter of 2019.
For the full year, sales totaled $725.5 million, an increase of 3.6% over the previous year. Profit for the year was $126 million, compared to $105 million in 2019.
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For the fourth quarter, sales were $84.2 million, a 19% increase year-over-year.
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Profit increased 40.2% to $59.7 million.
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Profit for the quarter was $55.5 million, down 18.9% from the same quarter a year…
