Quanex Provides Q3 Revenue Outlook Amid Inflation and Tariff Pressures
Quanex Building Products (NYSE:NX) expects its third-quarter revenue to remain flat to increase by up to 1%, with adjusted EBITDA margin expected to be flat or rise by as much as 25 basis points. The company cited inflationary pressures and tariffs impacting operations, while noting early signs of stabilization in housing demand across North America and Europe.
Tickers: $NX
Topics: demand stabilization housing market Q2 earnings call