Now Inc.’s First Quarter Sales Down 8.6%
For the first nine months, sales were reported at $2.3 billion, down 2.2% from the same period in 2018.
Now Inc.’s First Quarter Sales Down 8.6% Read More »
For the first nine months, sales were reported at $2.3 billion, down 2.2% from the same period in 2018.
Now Inc.’s First Quarter Sales Down 8.6% Read More »
Profit increased 19% during the quarter.
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Profit was $12.7 million, up from a loss of $34.8 million the previous years quarter.
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For the first nine months, sales were $1.2 billion, down 1.1% over the same period a year ago.
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Profit fell 16.5% during the quarter.
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For the first nine months sales were down 9.9% year-over-year.
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Year-to-date, the goods and services deficit increased 5.4% from the same period in 2018.
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Dick Alario takes over as interim CEO, replacing Robert Workman, effective immediately.
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Sales totaled $35 billion in the first nine months of 2019.
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The average annualized sales growth for the 12 months through September 2019 is 7.4%.
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Meeks also owns Delta Electric Inc., an electrical contractor, and Progressive Alarm Technology in Jackson, Tennessee.
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The acquisition gives Curbell a new sales representative who will transition over from Great Lakes continuing to service the original accounts ensuring no disruption of service.
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Industrial sales were down 13%.
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Engel will serve as an independent director and has been appointed as a member of the Audit and Compensation Committees of the Board.
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J & J Municipal Supply and Erosion Resources Supply are based in southern Indiana.
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This acquisition positions Timken as the world’s second largest producer of industrial automatic lubrication systems.
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The overall economy grew for the 126th consecutive month.
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