Need Help? (888) 742-5060

In The News:

Zep 3Q Sales Up 24.4%

Zep Inc. (NYSE: ZEP), Atlanta, GA, reported sales for the third quarter ended May 31, 2010, were $153 million, a 24.4 percent increase over the prior year period. Profit declined 3.7 percent to $5.2 million. Acquisition-related revenues, primarily a result of the Amrep acquisition, comprised $29.3 million of the current quarter's sales.

For the first nine months of fiscal 2010, sales were $407.1 million, up 11 percent from a year ago. Profit was $11.4 million, compared to $2.9 million for the first nine months of fiscal 2009.

"Even though some of the macro-economic indicators have improved or stabilized, demand remains soft across a number of our end-markets," said John K. Morgan, president and CEO.

Zep Inc. is a manufacturer of cleaning and maintenance products for commercial, industrial, institutional, and consumer end-markets.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center