Raven Industries Inc's Suppliers recorded an increase in sales by 28.16 % year on year in Q2 2021, sequentially sales grew by 3.82 %, Raven Industries Inc recorded an increase in cost of sales by 31.26 % year on year, relative to one quarter ago cost of sales fell by -0.34 % in Q2.
Raven Industries Inc's Suppliers recorded an increase in sales by 28.16 % year on year in Q2 2021, sequentially sales grew by 3.82 %, Raven Industries Inc recorded increase in cost of sales by 31.26 % year on year, compare to one quarter ago cost of sales fell by -0.34 % in Q2.
The Company obtains a wide variety of materials from numerous vendors. Principal
materials include electronic components for Applied Technology and Aerostar, various
polymeric resins for Engineered Films, and fabrics and film for Aerostar. Engineered
Films has experienced volatile resin prices over the past three years. Price increases
could not always be passed on to customers due to weak demand and/or a competitive
pricing environment. Predicting future material volatility and the related potential
impact on the Company is not easily estimated and the Company is unable to do
so to the degree required to build reliance on such forecasts.
Raven Industries Inc's Comment on Supply Chain
The Company obtains a wide variety of materials from numerous vendors. Principal
materials include electronic components for Applied Technology and Aerostar, various
polymeric resins for Engineered Films, and fabrics and film for Aerostar. Engineered
Films has experienced volatile resin prices over the past three years. Price increases
could not always be passed on to customers due to weak demand and/or a competitive
pricing environment. Predicting future material volatility and the related potential
impact on the Company is not easily estimated and the Company is unable to do
so to the degree required to build reliance on such forecasts.
RAVN's Suppliers Net Income grew by
RAVN's Suppliers Net margin grew in Q2 to
52.87 %
22.56 %
RAVN's Suppliers Net Income grew by 52.87 %
RAVN's Suppliers Net margin grew in Q2 to 22.56 %
Raven Industries Inc's Suppliers Sales Growth
in Q2 2021 by Industry
Sources:
Raven Industries Inc '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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21.87 % 