Now Inc.’s Fourth Quarter Sales Down 16.4% - Modern Distribution Management

Now Inc.’s Fourth Quarter Sales Down 16.4%

Sales for 2019 were reported at $3 billion, down 5.6% from 2018.

NOW Inc. (NYSE: DNOW), Houston, Texas, reported fourth quarter sales of $639 million, down 16.4% compared with the fourth quarter of 2018. The company reported a loss of $139 million for the quarter, compared with a profit of $16 million a year ago.

Sales for 2019 were reported at $3 billion, down 5.6% from 2018. The company reported a loss of $97 million, compared to a profit of $52 million in the previous year.

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