Aug. 5 at 4:47 PM
$OFLX down 7.4% in a month — is it a buying opportunity or a warning sign? 🤔
📉 EPS dropped to 41 cents from 45 cents compared to the prior-year quarter
📊 Net sales rose 3.7%, but operating profit fell 10.6% year-over-year due to cost pressures
🏠Soft housing market impacting volumes, but cash reserves strong at
$50.7M
Full breakdown here 👇 https://www.zacks.com/stock/news/2668867/oflxs-q2-earnings-slip-yy-amid-housing-market-slowdown?cid=sm-stocktwits-2-2668867-body-6100&ADID=SYND_STOCKTWITS_TWEET_2_2668867_BODY_6100