USG Corp. (NYSE: USG), Chicago, IL, reported sales for the second quarter of $1 billion, a 3.3 percent increase year-over-year. Profit for the quarter decreased 6.3 percent to $74 million.
L&W Supply Corp., USG's distribution business, reported sales for the quarter of $386 million, up 6 percent year-over-year. Operating profit for the quarter was up 66.7 percent to $15 million.
Year-to-date sales for USG were $2 billion, up 4.9 percent over the prior-year period. Profit increased 36.9 percent to $141 million.
Year-to-date L&W Supply Corp. sales were $743 million, up 6.4 percent. Year-to-date operating profit increased 100 percent to $26 million.