MRC Global Sales Down 4% in 1Q - Modern Distribution Management

MRC Global Sales Down 4% in 1Q

U.S. sales in the first quarter were down 3%.

MRC Global Inc. (NYSE: MRC), Houston, reported sales for the first quarter of $970 million, a decrease of 4% year-over-year. The company reported a profit for the quarter of $12 million, flat compared to a year ago.

U.S. sales in the first quarter of 2019 were $779 million, down 3% from the same quarter in 2018. Canadian sales in the first quarter were $68 million, down 13% from the same quarter in 2018. International sales in the first quarter were $123 million, down 2% from the same period in 2018. 

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