Company: APT
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025400
Chunk: 35

Company: ALPHA PRO TECH LTD
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 35
---
 building products, which include housewrap and synthetic roof underlayment and comprise approximately 90% of the total Building Supply segment sales. Including sales of other woven material, which make up the additional approximately 10% of sales, the second quarter of 2025 was the second highest quarter on record for Building Supply segment sales.

The Building Supply segment increase during the three months ended June 30, 2025, was primarily due to a 10.6% increase in sales of synthetic roof underlayment, a 17.0% increase in sales of housewrap and a 0.1% increase in sales of other woven material compared to the same period of 2024

The sales mix of the Building Supply segment for the three months ended June 30, 2025, was approximately 40% for synthetic roof underlayment, 50% for housewrap and 10% for other woven material. This compared to approximately 40% for synthetic roof underlayment, 48% for housewrap and 12% for other woven material for the three months ended June 30, 2024. Our synthetic roof underlayment product line primarily includes REX SynFelt®, REX TECHNOply® and TECHNO SB and our synthetic roof underlayment accessories consist of our new self-adhered TECHNOplus Ice & Water and REX Hi Temp. Our housewrap product line primarily consists of REX Wrap®, REX Wrap Plus® and REX™ Wrap Fortis. Housewrap accessories consist of REXTREME Window and Door Flashing and REX™ Premium Seam Tape.

The housing market continued to show weakness in the second quarter of 2025, continuing the weak trend of 2024, with single-family housing starts down 9.0% compared to the same quarter in 2024. During the second quarter of 2025, we significantly outperformed the market as sales of the core building products (housewrap and synthetic roof underlayment) were up 13.2% as compared to the same period of 2024. Our core REX branded products and core private label product sales were both strong in the second quarter of 2025.

Sales of other woven material increased by $1,000, or 0.1%, to $1,246,000 compared to $1,245,000 for the three months ended June 30, 2025 compared to the same period of 2024. The Company is pursuing new opportunities for other woven