The 2020 Mid-Year Economic Update_long

Owens & Minor Sales Down 2.3% in 3Q

Sales for the first nine months increased 1 percent year-over-year.

Owens & Minor Inc. (NYSE: OMI), Richmond, VA, reported third quarter sales of $2.4 billion, down 2.3 percent over the same period a year ago. Profit was $29.8 million, up 5.9 percent from the third quarter in 2015.

Domestic segment sales decreased 1.5 percent to $2.3 billion, while international segment sales declined 9.7 percent to $83.8 million.

For the first nine months, sales were $7.4 billion, an increase of 1 percent when compared to the prior year. Profit increased 14.5 percent to $81.7 million.

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