The 2020 Mid-Year Economic Update_long

United Stationers Sales Up 1.9% in 2012

Profit increased 2.6 percent over 2011.

United Stationers Inc. (NASDAQ: USTR), Deerfield, IL, reported full-year 2012 sales of $5.1 billion, an increase of 1.9 percent from the prior year. Profit increased 2.6 percent to $111.8 million.

Fourth-quarter sales were $1.2 billion, an increase of 3.6 percent from the prior-year period. Profit increased 17.9 percent to $32.9 million.

United Stationers also announced a workforce reduction and facility closure program to reduce costs.

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