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Breaking Flooring News

Congoleum reports second quarter improvement

MERCERVILLE, N.J. -- Congoleum Corp. reported improved sales, earnings and net income for the second quarter ended June 30.

Sales for the quarter came in at $68 million, a 25 percent increase over second quarter 2001 sales of $54.4 million. Net income for the period was $800,000 vs. $200,000 in the second quarter of 2001. Earnings per share for the quarter were 10 cents per share compared with 2 cents in the year-earlier period.

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