The 2020 Mid-Year Economic Update_long

H.B. Fuller Sales Down 0.6% in 2Q

Year-to-date sales decreased 1.8 percent year-over-year.

H.B. Fuller Co. (NYSE: FUL), St. Paul, MN, reported sales for the second quarter ended May 30 of $540.8 million, down 0.6 percent compared to the same period a year ago. Profit increased 19.9 percent to $24.6 million.

"Our organization has driven many positive developments in the first half of this year," said Jim Owens, president & CEO. "The newly-acquired Tonsan business is meeting all of our expectations to date and is already helping to improve the overall profit profile of our Asia Pacific operating segment."

For the first six months, sales were $1 billion, down 1.8 percent over the same period a year ago. Profit decreased 2.2 percent to $34.3 million.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.