Its earnings season! As quarterly earnings reports continue to trickle in, MDM offers a recap of how the third quarter is shaping up for more than two dozen of the largest distributors and manufacturers.
Day: October 30, 2019
Current dollar GDP increased 3.5%.
Year to date sales were up 6.9%.
Profit for the quarter was $50.8 million compared to a loss of $43.4 million the previous year's quarter.
Profit fell 20.7%.
The company also reported 3Q sales up 2% over 2018.