Brady sales decline 6.3 percent
Brady Corporation reported that sales for its fiscal third quarter decreased 6.3 percent to $290.2 million compared to $309.6 million in the third quarter of fiscal 2014.
Total organic sales increased 1.7 percent and foreign currency translation decreased sales by 8.0 percent. By segment, organic sales increased 3.0 percent in Identification Solutions and decreased 1.1 percent in Workplace Safety.
Earnings from continuing operations for the quarter were $17.2 million compared to $20.2 million in the same quarter last year.
Sales for the nine-month period ended April 30, 2015 decreased 2.8 percent to $883.1 million compared to $908.3 million in the same period in fiscal 2014.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
