HP&S, Ameriplan® Owner Announce Q2 Earnings, Sales Down
HP&S, an Ameriplan® business owner announced 2nd quater earnings that were up 60% over last year at $0.83 per share, but down 23% compared to the prior quarter. Sales were actually down 12% compared to a year ago. The earnings increase was driven mainly by lower costs.
“No question we had a dissapointing quarter in terms of growth, but our strategy for lower costs and higher margins is working and we are on pace for record earnings this year. We continue to see slower than expected sales in Ameriplan® and eCommerce business. We fully expect this to pick up over the 2nd half of the year,” said HP&S CEO.
