Houston Wire And Cable Co's Suppliers recorded an increase in sales by 11.91 % year on year in Q1 2021, from the previous quarter, sales fell by -23.78 %, Houston Wire And Cable Co's cost of sales deteriorated by -20.9 % year on year, relative to one quarter ago cost of sales fell by -1.27 % in Q1.
Houston Wire And Cable Co's Suppliers recorded an increase in sales by 11.91 % year on year in Q1 2021, from the previous quarter, sales fell by -23.78 %, Houston Wire And Cable Co's cost of sales deteriorated by -20.9 % year on year, compare to one quarter ago cost of sales fell by -1.27 % in Q1.
Houston Wire And Cable Co's Comment on Supply Chain
We obtain products from most of the leading wire and cable suppliers. We believe
we have strong relationships with our top suppliers. Although we believe that
alternative sources are available for the majority of our products, we have strategically
concentrated our purchases of electrical wire and cable with five leading suppliers
in order to maximize product quality, delivery dependability, purchasing efficiencies,
and vendor rebates. We do not believe we are dependent on any one supplier for
any of our wire and cable products and related hardware.
Houston Wire And Cable Co's Comment on Supply Chain
We obtain products from most of the leading wire and cable suppliers. We believe
we have strong relationships with our top suppliers. Although we believe that
alternative sources are available for the majority of our products, we have strategically
concentrated our purchases of electrical wire and cable with five leading suppliers
in order to maximize product quality, delivery dependability, purchasing efficiencies,
and vendor rebates. We do not believe we are dependent on any one supplier for
any of our wire and cable products and related hardware.
HWCC's Suppliers Net Income grew by
HWCC's Suppliers Net margin grew in Q1 to
16.77 %
HWCC's Suppliers Net Income grew by
HWCC's Suppliers Net margin grew in Q1 to 16.77 %
Houston Wire And Cable Co's Suppliers Sales Growth
in Q1 2021 by Industry
Sources:
Houston Wire and Cable Co's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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