Profit increases 8.5 percent in fiscal year's first quarter.
Latest In Applied Industrial
New free app will offer the 2014/2015 product catalog.
Profit decreased 8 percent year-over-year.
Acquisitions expand Applieds reach with 12 new locations.
Acquisition bolsters Applied's oilfield supplies offerings.
Acquisition helps Applied expand oil and gas offerings.
Year-to-date sales down 0.9 percent.
Profit declined 4.2 percent in the quarter.
TOPS is a distributor of bearings, oil seals and power transmission products.
The renewed focus on vending is part of Applied’s rebranded VMI program.
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The full-line catalog caters to MRO customers.
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CEO: Weak industrial demand continued during the quarter.
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Fourth-quarter sales increased 3.3 percent year over year.
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For the first nine months, sales increased 3.8 percent.
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Profit increased 29 percent in the quarter.
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The newly acquired company is a Cleveland-based MRO distributor.
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Profit increased 11.8 percent to $29.5 million.
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Firm claims Applied’s seeking shareholder approval for compensation breaches fiduciary approval.
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Fourth quarter sales grew 5 percent.
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Sales were $605.5 million for the quarter.
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