Need Help? (888) 742-5060

In The News:

Brady Corporation Sales Up 6.8% in 2Q

Brady Corporation (NYSE: BRC), Milwaukee, WI, reported sales for the fiscal second quarter ended Jan. 31, 2014, of $291.2 million, an increase of 6.8 percent from the previous year. Profit was $16.4 million, compared to a loss of $8.7 million in the same quarter the previous year.

For the first six months of the fiscal year, sales were $598.7 million, a 9.9 percent increase from the same period the previous year. The company reported a profit of $40.4 million year-to-date, compared to $18.5 million over the same period the previous year.

Identification solutions revenues were up 15.8 percent, with 2.5 percent organic growth, while workplace safety sales were down 7.7 percent.

“We have been accelerating investments in our Workplace Safety business to drive organic sales growth." said Thomas J. Felmer, Brady’s CEO, CFO and interim president. “We have seen improvements in our Asian and European identification solutions’ results and continue to see growth opportunities driven by our new product pipeline and increased focus on industries such as healthcare, food and beverage, chemical, oil and gas, aerospace and mass transit.”

© 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