QUINCY, Ill. — Titan International, a manufacturer of off-highway wheels, tires, assemblies and undercarriage products, reported overall net sales were down 8.9% for the second quarter ended June 30, 2019. Sales for the period were $390.6 million, compared to $428.9 million in the comparable quarter of 2018, driven by sales decreases in all segments.

Overall, net sales volume was down from the comparable prior year quarter, due primarily to increasingly volatile conditions in the North American agricultural segment, primarily caused by wet weather conditions which have persisted in many of the farming regions, as well as ongoing global trade issues. In addition, sales were negatively impacted by continued challenging market conditions in Russia and Europe. Unfavorable changes in price/mix negatively impacted net sales by 0.8%, while unfavorable currency translation further decreased net sales by 3.8%.

Net sales for the 6 months ended June 30, 2019, were $80 million, compared to $854.3 million in the comparable 6 month period of 2018, a decrease of 6.2% driven by sales decreases in all segments. Overall net sales volume was down from the comparable prior year period, due primarily to the market challenges in Russia and volatility in the North American and European agricultural segments, as a result of the issues described earlier. Unfavorable currency translation further decreased net sales by 4.8%. Favorable price/mix partially offset these decreases with a 2.5% positive impact on net sales.

Gross profit for the second quarter ended June 30, 2019, was $38.3 million, compared to $58.3 million in…