6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Interline Brands, Inc., Jacksonville, FL, distributor and direct marketer of maintenance, repair and operations products, reported sales for the second quarter ended June 26, 2009, were down 13.3% to $269.9 million from the prior-year period.
Average organic daily sales decreased 14.7% for the quarter.
Interline's facilities maintenance end-market, which comprised 74% of sales, declined 7.8% during the second quarter on an average daily sales basis, and declined 9.9% on an average organic daily sales basis. The professional contractor end-market, which comprised 16% of sales, declined 28.4% in the quarter and the specialty distributor end-market, which comprised 10% of sales, declined 20.6% for the quarter.
Profit (net income) was $6.4 million in the second quarter, compared with $11.7 million in the prior-year period.
Year-to-date, sales were $526.7 million, a 12.3% decrease from the comparable 2008 period. Profit was $9.3 million, compared with $19.8 million in the comparable 2008 period.