Lawson Products Inc. (NASDAQ:LAWS), Chicago, IL, reported sales for the first quarter of $74.6 million, an increase of 7 percent from the previous year, with average daily sales up 7 percent. Profit was $0.85 million compared to $1 million for the same period a year ago.
Sales were positively impacted by an increase in the number of sales representatives from a year ago, the successful integration of acquisitions completed in 2016, deliberate actions to improve sales rep productivity and the overall improvement in the MRO marketplace. All sectors of the company experienced growth including regional, strategic, Kent Automotive and government accounts.
