The 2020 Mid-Year Economic Update_long

USG Sales Up 3.3% in 2Q

L&W Supply sales up 6 percent in second quarter.

USG Corp. (NYSE: USG), Chicago, IL, reported sales for the second quarter of $1 billion, a 3.3 percent increase year-over-year. Profit for the quarter decreased 6.3 percent to $74 million.

L&W Supply Corp., USG's distribution business, reported sales for the quarter of $386 million, up 6 percent year-over-year. Operating profit for the quarter was up 66.7 percent to $15 million.

Year-to-date sales for USG were $2 billion, up 4.9 percent over the prior-year period. Profit increased 36.9 percent to $141 million.

Year-to-date L&W Supply Corp. sales were $743 million, up 6.4 percent. Year-to-date operating profit increased 100 percent to $26 million.

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