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Ocean Bio-Chem, Inc. Reports Record Net Sales for the First Six Months of 2021--23% Increase prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
$ 0.03 Company President and Chief Executive Officer, Peter Dornau, commented, Fueled by increased interest in outdoor recreation and being outside from boat and RV owners to backyard BBQers the Company has experienced a lasting, positive effect from a year filled with hardships. COVID-19, social distancing, and lockdown measures has helped shift focus back to family activities and the great outdoors, providing an ideal backdrop for safe, fun, and socially- distanced recreation. As the U.S. begins to return to a new normal, we foresee this strong outdoor recreation trend continuing. Our customers retail, brick & mortar, online, big box store, neighborhood hardware, marine distributors and dealers, RV, to name a few are all experiencing increased sales. ....
Ocean Bio-Chem, Inc. Reports Record 2021 First Quarter Net Sales - Increase of 68% or $5.3 million prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Share this article Share this article FORT LAUDERDALE, Fla., Jan. 19, 2021 /PRNewswire/ Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today record net sales for both the fourth quarter and the full year 2020. For the fourth quarter of 2020, net sales were approximately $12.9 million, compared to approximately $9.7 million for the fourth quarter of 2019, an increase of approximately 32% or $3.2 million. For the full year 2020, net sales were approximately $55.6 million, compared to approximately $42.3 million for the full year 2019, an increase of also approximately 32% or $13.3 million. (PRNewsfoto/Ocean Bio-Chem, Inc.) Peter Dornau, President and CEO commented, This is the fifth consecutive year in a row that the Company had record fourth quarter net sales. The fourth quarter 2020 sales growth was primarily in both our chlorine dioxide product group of disinfectants and sanitizers including our branded Performacide ....