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.

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.


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 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


articles left

Want more Premium content from MDM?

Subscribe today and get:

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



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
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

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