United Stationers Sales Up 2.6% in 2010

United Stationers' sales growth largely driven by industrial segment.
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United Stationers Inc. (NASDAQ: USTR), Deerfield, IL, reported sales for 2010 were up 2.6 percent to $4.8 billion. Profit for the year was $112.8 million.

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In the fourth quarter, sales were $1.2 billion, up 0.3 percent from the prior-year period. Profit was $31.1 million.

During the fourth quarter of 2010, sales in the industrial supplies category grew by 25 percent, while the office furniture and office products categories posted modest growth, at 1 percent and 0.4 percent, respectively. Technology category sales were down nearly 3% and the janitorial/breakroom category declined by just under 2 percent.

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