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The company reported net sales of $4.5 billion, a 21.3% decrease primarily driven by a weaker housing market and commodity deflation.
It followed two straight months of improvement, retracting further into contraction territory.
The planned cash transaction would be funded through available capacity in Greif’s existing credit facilities.
A court found that the company failed to pay affected workers overtime back wages since August 2018 and violated recordkeeping provisions.
The building materials distributor and manufacturer said that 91% of 3Q 2023 revenue came from distribution.
Two of North America's largest JanSan, foodservice and packaging supplies distributors are now one.
The company's Spring 2023 acquisition of office products distributor Indoff powered most of the growth, while volume also improved.
It's another week for industrial manufacturers' financial reports. We recap the key figures for thee of them here.
It gains Offen a strong foothold to continue growing in the Texas and surrounding markets.
Construction and building materials distributor Beacon opened three new locations to serve contractors and lumberyards.
