Lawson Products Sales Flat in 3Q
Year-to-date sales down slightly compared to the prior year.
Year-to-date sales down slightly compared to the prior year.
Year-to-date sales up 0.7 percent from same period in 2015.
Parent company Genuine Parts Co. sales up 0.5% in 3Q.
Year-to-date sales increased 1.6 percent year-over-year.
Year-to-date sales decreased 10.5 percent year-over-year.
Profit decreased 11 percent for the quarter.
Most of 12 districts report modest to moderate economic growth.
For the first nine months, sales were up 21.6 percent year-over-year.
Profit for the quarter increased 7 percent.
For the first nine months, sales were down 1.1 percent year-over-year.
The company reported a loss for the quarter of $184 million.
Sales for rentals decreased 0.3 percent in the quarter.
Sales in the fourth quarter were up 6 percent year-over-year.