Posted April 25, 2011
United Stationers sales up 7.2%
United Stationers reported quarterly net sales were up 7.2% to $1.24 billion.
Net income was $20.4 million, or 44 cents per share, compared with $18.2 million, or 37 cents per share, in the prior-year quarter.
Strong growth was seen in the industrial supplies category with sales up 26.1%. Janitorial/breakroom sales per workday grew 7.5%, while technology and office products both achieved approximately 3.5% growth. The furniture category remained soft, down approximately 1.0% per workday for the quarter.
"First quarter sales reflect encouraging momentum from our growth strategies that provide enhanced service offerings for resellers and suppliers," said Cody Phipps, president and chief operating officer.
