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Eaton revises Q3 and full year outlook

SDI Q3 financials

Strategic Distribution, Inc., Bensalem, PA, reported revenues for the third quarter ended Sept. 30 were $30.0 million, compared to revenues of $47.7 million reported for the third quarter of 2002. The $17.7 million decrease in revenues was primarily attributable to the termination of the El Paso Corporation (EPC) integrated supply agreement in July 2003 and the termination of the Kraft Foods North America, Inc. (Kraft) integrated supply agreement in 2002.


Revenues for the nine-month period ended Sept. 30 were $108.1 million, compared to $212.7 million for the same period in the prior year. The $104.6 million decrease in revenues was also primarily attributable to the termination of the EPC and Kraft integrated supply agreements.

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