Q.E.P. Co., Inc. Reports Earnings Results for the Full Year Ended February 28, 2021
June 14, 2021 at 02:56 pm EDT
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Q.E.P. Co., Inc. announced earnings results for the full year ended February 28, 2021. For the full year, the company announced sales was USD 387.597 million compared to USD 393.901 million a year ago. Operating income was USD 11.109 million compared to operating loss of USD 12.712 million a year ago. Net income was USD 6.898 million compared to net loss of USD 12.142 million a year ago. Basic earnings per share from continuing operations was USD 2.07 compared to basic loss per share from continuing operations of USD 3.64 a year ago. Diluted earnings per share from continuing operations was USD 2.06 compared to diluted loss per share from continuing operations of USD 3.64 a year ago.
Q.E.P. Co., Inc. is a designer, manufacturer, and distributor of a range of flooring and installation solutions for commercial and home improvement projects around the world. The Company operates through two segments: North America and Europe. The Company offers a comprehensive line of specialty installation tools, adhesives, and underlayment. The Company sells its products throughout the world to home improvement retail centers and professional specialty distribution outlets under brand names, including QEP, LASH, ROBERTS, Capitol, Premix-Marbletite (PMM), Brutus, Homelux, PRCI, and Tomecanic. The Company's specialty tools, and related products are sold through the Company's sales staff; independent manufacturing representatives; outside salaried and commissioned sales representatives; an in-house telemarketing sales force, and e-commerce.
Q.E.P. CO., INC. 
