- Accuride (NYSE:NYSE:ACW) reports wheels sales rose 13.1% to $144.36M primarily due to stronger OEM demand and market share gains in the aftermarket.
- Gunite sales decreased 2.7% to $47.01M.
- Brillion iron works sales fell 25.2% to 24.02M.
- Gross margin rate increased 170 bps to 14%.
- Operating margin rate grew 90 bps to 7.7%.
- FY2015 Guidance: Net sales: $700M to $750M; Adjusted EBITDA: $85M to $95M.
- Q2 results