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.

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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.

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MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) announced today the publication of the Company's first Environmental, Social, and Governance (ESG) Report. This comprehensive report outlines the Company's approach to integrating ESG management into our corporate strategy and highlights our sustainability achievements to date.

Encore Wire Unveils ESG Strategy in Inaugural ESG Report

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Encore is a vertically integrated low-cost wire and cable producer. Encore has extremely low TTM valuations.

Encore Wire: A Well Run, Low Cost Producer Of Wire

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Encore Wire Corporation (NASDAQ:WIRE ) Q4 2022 Earnings Conference Call February 15, 2023 11:00 AM ET Company Participants Daniel Jones - President, Chief Executive Officer and Chairman Bret Eckert - Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Julio Romero - Sidoti Taylor Merritt - Forge First Asset Management William Baldwin - Baldwin Anthony Securities Operator Good morning.

Encore Wire Corporation (WIRE) Q4 2022 Earnings Call Transcript

MCKINNEY, Texas--(BUSINESS WIRE)--ENCORE WIRE REPORTS FOURTH QUARTER and FULL YEAR 2022 RESULTS

Encore Wire Reports Fourth Quarter and Full Year 2022 Results

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Encore Wire sports very attractive valuation metrics, but there's a question as to whether or not its recent financial outperformance is based on one-time events. I review this and come to the conclusion that peak earnings and cash flow may not repeat, but future performance is likely to be better than the pre-2020 era.

Taking A Starter Position In Encore Wire

Encore Wire Corporation produces and sells low-cost electrical wire and cable. Copper supply does not keep up with demand.

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MCKINNEY, Texas--( BUSINESS WIRE )--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced that Bret J. Eckert has been appointed to the role of Executive Vice President. In addition to this role, Mr. Eckert will continue to serve as the Company's Chief Financial Officer.

Encore Wire Announces the Appointment of Bret J. Eckert to Executive Vice President

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Encore Wire: They Built A Better Mousetrap

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News for Encore Wire Stock (WIRE)