Profit increased 12.8 percent in fiscal year's first quarter.
Latest In Applied Industrial
Company unveils new e-commerce offering on heels of disappointing year.
Redesigned site aimed to improve customer experience with enhanced e-commerce capabilities.
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Fourth quarter sales decreased 6.4 percent year-over-year.
Company forms partnership with Applied Industrial Technologies and subsidiary.
Acquisition enhances company's presence in Eastern Canada.
Company reports loss of $44.7 million for the quarter.
Company foresees headwinds, invests in growth & technology.
For the first six months, sales fell 10.2 percent year-over-year.
Acquisition strengthens company's Applied Maintenance Supplies & Solutions business.
Profit decreased 16.6 percent in fiscal year's first quarter.
Acquisition enhances companys fluid power offering.
New distribution center continues companys growth and expansion in Canada.
Motion Industries, Applied Industrial and OTP Industrial Solutions bolster portfolios.
Fourth quarter sales increased 3.5 percent year-over-year.
CEO: Acquisition 'enhances' Applied Maintenance Supplies & Solutions offerings.
Company also sees double-digit income growth for fiscal second quarter.
Facility to serve Applied Maintenance Supplies & Solutions customers in 11 Western states.
Purchase strengthens company's presence in West Texas.