Airgas sales up 4%
Airgas reported second quarter sales were $1.23 billion, an increase of 4% over the prior year.
Same-store sales grew 3% in the quarter, with gas and rent up 4% and hardgoods up 1%.
Net earnings of $81 million, or $1.03 per diluted share, compared to $77.8 million, or $1.01 per diluted share, last year.
"Though the relative strength of the U.S. metal fabrication and energy sectors overall has softened of late, we continue to win new business in these sectors on the strength of our strategic accounts program, technical support, breadth of our product and service offering, and outstanding customer service," said Airgas executive chairman Peter McCausland.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
