Superior Industries logs lower profits, sales
Nov 01, 2013 | 05:24 PM
| Michael Cowden
CHICAGO Superior Industries International Inc.s profits narrowed in the third quarter as a lower aluminum sales pass-through and a tax change dented results.
The Van Nuys, Calif.-based aluminum wheels producer reported net income of $5.2 million in the three months ended Sept. 29, down 65.7 percent from $15.1 million in the year-ago quarter on net sales that slipped 1.2 percent to $191.6 million. For the first nine months of the year, Superior posted net income of....
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