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In The News:

United Stationers Sales Up 2.8% in First Quarter

United Stationers Inc. (NASDAQ: USTR), Deerfield, IL, reported first quarter 2012 sales of $1.3 billion, up 2.8 percent from the prior-year quarter.

Strong growth was seen in the industrial supplies and janitorial/breakroom categories with sales up 21.3 percent and 11.9 percent, respectively. The office products category was up 2 percent and furniture growth was soft at 1 percent. These gains were partially offset by a 6.4 percent decline in the technology products category.

Adjusted net income for the quarter was $19 million.

United Stationers is a master distributor of business products with 2011 net sales of $5 billion.

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