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Interline Brands, Inc., Jacksonville, FL, distributor and direct marketer of maintenance, repair and operations products,
reported sales for the second quarter ended June 26, 2009, were down 13.3% to $269.9 million from the prior-year period.
Average organic daily sales decreased 14.7% for the quarter.
Interline's facilities maintenance end-market,
which comprised 74% of sales, declined 7.8% during the second quarter on an average daily sales basis, and declined 9.9% on
an average organic daily sales basis. The professional contractor end-market, which comprised 16% of sales, declined 28.4%
in the quarter and the specialty distributor end-market, which comprised 10% of sales, declined 20.6% for the quarter.
Profit (net income) was $6.4 million in the second quarter, compared ...
Interline Brands, Inc., Jacksonville, FL, distributor and direct marketer of maintenance, repair and operations products,
reported sales for the second quarter ended June 26, 2009, were down 13.3% to $269.9 million from the prior-year period.
Average organic daily sales decreased 14.7% for the quarter.
Interline's facilities maintenance end-market,
which comprised 74% of sales, declined 7.8% during the second quarter on an average daily sales basis, and declined 9.9% on
an average organic daily sales basis. The professional contractor end-market, which comprised 16% of sales, declined 28.4%
in the quarter and the specialty distributor end-market, which comprised 10% of sales, declined 20.6% for the quarter.
Profit (net income) was $6.4 million in the second quarter, compared with $11.7 million in the prior-year period.
Year-to-date, sales were $526.7 million, a 12.3% decrease from the comparable 2008 period. Profit was $9.3 million,
compared with $19.8 million in the comparable 2008 period.
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