The 2020 Mid-Year Economic Update_long

Essendant Sales Down 6.2% in 2017

Fourth-quarter sales down 4.5 percent year-over-year.

Essendant Inc. (NASDAQ: ESND), Deerfield, IL, reported sales for 2017 of $5 billion, down 6.2 percent from 2016. The company reported a loss of $267 million, compared to a profit of $63.9 million in 2016.

Fourth-quarter sales decreased 4.5 percent to $1.2 billion. The company reported a loss of $1.5 million, compared to a loss of $2.4 million the same quarter a year ago.

Fourth-quarter sales for industrial supplies increased 11 percent to $154.1 million. Sales for jan-san decreased 9.4 percent to $304 million. Technology Products declined 8.5 percent to $285 million. And office products sales decreased 4.8 percent to $175.4 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.