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Reliance Steel & Aluminum Co. Reports Second Quarter 2022 Financial Results

Globe Newswire - Thu Jul 28, 2022

- Record quarterly sales of $4.68 billion
- Record quarterly gross profit of $1.50 billion driven by strong gross profit margin of 31.9%
- Record quarterly pretax income of $762.6 million and margin of 16.3%
- Record quarterly EPS of $9.15
- Repurchased ~1.1 million common shares for a total of $193.9 million
- Replenished existing share repurchase program to $1 billion

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