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Average daily sales decreased from $1.243 million in July to $1.095 million in August as a result of the company's ERP conversion. September average daily sales of $1.206 million reflect the company's gradual recovery from its conversion disruption.
"While our third quarter financial performance was temporarily impacted by the conversion to the new ERP system, we are already seeing signs that it will provide us with the important tools to manage the business and enhance our customers' experience," said Thomas Neri, president and CEO.
For the quarter, national accounts were up 6.7 percent, or $0.4 million, while government accounts decreased by $3.2 million year-over-year primarily due to a reduction in military orders. Average daily sales were $1.178 million in the period compared to $1.274 million in the third quarter of last year.
For the first nine months, sales were $242.1 million, up 2 percent over the prior year period. Profit was $923,000, compared to year-ago profit of $7.4 million.
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