The 2020 Mid-Year Economic Update_long

Illinois Tool Works Sales Down 2% in 1Q

Organic sales up 1 percent in first quarter.

Illinois Tool Works Inc. (NYSE: ITW), Glenview, IL, reported sales for the first quarter of $3.3 billion, down 2 percent from the previous year. Organic sales were up 1 percent.

Profit increased 2.2 percent to $468 million.

Automotive OEM and food equipment's organic sales both grew 3 percent in the quarter, while construction products' organic sales grew 5.

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.
Social Media Auto Publish Powered By :