Zep Inc. (NYSE: ZEP), Atlanta, GA, a manufacturer of cleaning and maintenance products, reported sales for the second quarter ended Feb. 29, 2012, were $151.7 million, up 3.3 percent over the same period a year ago. Profit increased 13.2 percent to $2.4 million.
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Overall, market performance remained mixed, with sales volume declining within end-markets such as government, institutional and janitorial. These declines were offset by increased sales within the automotive, home improvement retail, vehicle wash, industrial MRO and food processing end-markets.
For the first six months of the fiscal year, sales were $305.2 million, up slightly in a year-over-year comparison. Profit declined 15.5 percent to $6 million.
