The company will become a division of OTP Industrial Solutions.
September 12, 2019
The company reported daily sales up 6.3% versus a year ago.
The companys second-quarter net income increased 3.1% to $135 million compared to the year-ago period.
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Dependence on traditional measures such as gross margin can put a drag on growth and profits. New metrics such as cash-flow value to expenses or expenses as percent of revenue, combined with customer-focused services, are propelling those who take advantage of them, says WayPoint Analytics Randy MacLean.