Encore Wire

Encore Wire Corp. engages in manufacturing copper electrical building wire and cable. The firm supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments and manufactured housing. It offers an electric building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2 and other types of wire products, including Metal Clad, Armored Cable, Photovoltaic Cable and Bare Copper. Its principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. The company was founded by Vincent A. Rego in 1989 and is headquartered in McKinney, TX.

Earnings data Q3 2020

Earnings data Q4 2020

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Encore Wire excels in 2022, eyes market share growth

Encore Wire's 2022 performance reflects financial strength and operational resilience, supported by a focus on efficiency, capacity expansion, and vertical integration. Despite challenges posed by material costs, the company's market presence, strong balance sheet, and strategic initiatives position it for continued success and growth in the evolving economic landscape.

Encore Wire reports Q1 sales decline, invests in growth opportunities

Encore Wire faced challenges with lower sales and profitability in Q1 2023 but remains confident in its business model and market opportunities.
The company's strategic investments in the XLPE facility and capacity expansions position it for growth and enhanced market competitiveness.
Maintaining operational resilience, customer service focus, and efficiency are key strengths driving Encore Wire's performance.
Navigating market dynamics, raw material price fluctuations, and demand trends are critical for sustaining profitability and growth.

Encore Wire excels in Q2 2023, faces margin challenges and growth opportunities

Encore Wire delivered a robust Q2 2023 performance with strong financial metrics and a focus on customer service excellence. While facing challenges such as margin abatement and stock volatility, the company remains optimistic about growth opportunities through vertical integration and market demand drivers.

Encore Wire reports resilient Q3 performance amidst market challenges

Encore Wire's Q3 performance reflects resilience amid market challenges, with a focus on customer service, operational agility, and long-term value creation. Strategic investments in efficiency, capacity expansion, and customer-centric initiatives position the company well for sustainable growth and value creation for shareholders.

Encore Wire reports record earnings driven by strong demand growth

Encore Wire's Q4 2023 earnings call showcased strong financial results, driven by increased demand for copper wire and cable, leading to record shipments and solid earnings per share.
The company's strategic focus on customer service, operational efficiency, and capacity expansion positions it well for future growth opportunities and market leadership.
While facing challenges in managing costs, margins, and market dynamics, Encore Wire's emphasis on long-term sustainability and shareholder value creation remains a key priority.

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Encore Wire Corp manufactures electrical building wires and cables. It provides building wire for interior electrical wiring in commercial and industrial buildings, as well as residential, apartment, and manufactured housing. The company's main customers are wholesale electrical wholesalers, who sell building wire and other items to electrical contractors. Encore provides an electrical building wire product line that includes NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, RHH/RHW-2, and other wire products such as tray cable, metal-clad cable, and armored cable.

Encore Wire Corporation (WIRE) CEO Daniel Jones on Q3 2021 Results - Earnings Call Transcript

Encore Wire (NASDAQ:WIRE) reported its Q3 earnings results on Tuesday, October 26, 2021 at 05:05 PM. Here's what investors need to know about the announcement.

Recap: Encore Wire Q3 Earnings

MCKINNEY, Texas--(BUSINESS WIRE)--ENCORE WIRE REPORTS THIRD QUARTER RESULTS; STRONG FREE CASH FLOW; HIGHLIGHTS SHARE REPURCHASES DURING QUARTER

Encore Wire Reports Third Quarter Results; Strong Free Cash Flow; Highlights Share Repurchases During Quarter

Strong demand for electrical building wire, effective pricing actions & solid operational execution are likely to have aided Encore Wire's (WIRE) Q3 earnings. High costs might have been a spoilsport.

Encore Wire (WIRE) to Post Q3 Earnings: What's in the Cards?

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YoY revenue growth, EBITDA growth, and EBIT growth for WIRE are 61.81%, 307.21%, and 380.69%, respectively. EBIT margin (18.22%), EBITDA margin (19.33%), and net income margin (14.11%) are far above sector medians.

Encore Wire: Exciting Profit From Boring Business

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Presenting at Sidoti & Company Fall Virtual Small Cap Investor Conference

Encore Wire Presenting at Sidoti & Company Fall Virtual Small Cap Investor Conference

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Presenting at D.A. Davidson 20th Annual Diversified Industrials & Services Conference

Encore Wire Presenting at D.A. Davidson 20th Annual Diversified Industrials & Services Conference

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Encore Wire (WIRE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Encore Wire (WIRE) Hits 52-Week High, Can the Run Continue?

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Encore Wire Corporation (WIRE) CEO Daniel Jones on Q2 2021 Results - Earnings Call Transcript

It's not only the earnings beat that has investors excited.

Why Shares of Encore Wire Are Skyrocketing Today

The stock price of Encore Wire Corporation (NASDAQ: WIRE) increased by over 20% pre-market. This is why it happened.

WIRE Stock Increases Over 20% Pre-Market: Why It Happened

Shares of Encore Wire (NASDAQ:WIRE) moved higher in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 1370.00% over the past year to $8.82, which beat the estimate of $1.38.

Encore Wire: Q2 Earnings Insights

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Reports Record Second Quarter Results; Increased Volumes; Announces Accelerated Capital Expenditure Plan

Encore Wire Reports Record Second Quarter Results; Increased Volumes; Announces Accelerated Capital Expenditure Plan

As of late, it has definitely been a great time to be an investor of Encore Wire Corporation (WIRE)

Can the Uptrend Continue for Encore Wire Corp (WIRE)?

Encore Wire Corporation (WIRE) CEO Daniel Jones on Q1 2021 Results - Earnings Call Transcript

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Reports First Quarter Results

Encore Wire Reports First Quarter Results, Enhances Liquidity and Maintains Balance Sheet Strength

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Encore Wire Corporation (WIRE) CEO Daniel Jones on Q4 2020 Results - Earnings Call Transcript

News for Encore Wire Stock (WIRE)