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In The News:

Essendant Sales Down 6.2% in 2017

Essendant Inc. (NASDAQ: ESND), Deerfield, IL, reported sales for 2017 of $5 billion, down 6.2 percent from 2016. The company reported a loss of $267 million, compared to a profit of $63.9 million in 2016.

Fourth-quarter sales decreased 4.5 percent to $1.2 billion. The company reported a loss of $1.5 million, compared to a loss of $2.4 million the same quarter a year ago.

Fourth-quarter sales for industrial supplies increased 11 percent to $154.1 million. Sales for jan-san decreased 9.4 percent to $304 million. Technology Products declined 8.5 percent to $285 million. And office products sales decreased 4.8 percent to $175.4 million.

 

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