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03.08
08:39:34
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United Stationers reports Q2 sales increase - USA
US wholesaler United Stationers has reported second quarter sales of $1.1 billion, a 2.7% increase on the previous year.
The categories with positive quarterly growth were janitorial/sanitation, traditional office products, and office furniture. Offsetting these category increases was a sales decline in the technology category.
"We are pleased with our results for both the second quarter and first half of 2007. On an adjusted basis, we achieved comparable earnings per share growth of 20% in the second quarter and 30% for the first half. Our results reflect ongoing margin management and continuing progress in expense control," said Richard W. Gochnauer, president and chief executive officer. "While sales growth within the industry appears to be moderating, we are confident that the actions we are taking will enable us to deliver another year of record financial performance."
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