Materials
Building Materials
$34.98B
10.4K
Key insights and themes extracted from this filing
Total revenues decreased by $98.5 million, or 5%, to $2,014.4 million compared to the same quarter last year. This decline was primarily driven by a decrease in shipments across multiple segments.
Despite the revenue decrease, gross profit increased by $8.9 million, or 2%, to $592.2 million. This indicates improved cost management or pricing power in certain segments.
Earnings attributable to Vulcan from continuing operations were unchanged at $2.33 per diluted share compared to the same quarter last year. This suggests that despite the revenue decline, the company managed to maintain its profitability.