Jason reports 6.5 percent gain in 3Q
Jason Industries reported third-quarter net sales of $145.3 million decreased 6.5 percent compared to last year's third quarter.
A net loss of $5.5 million, or 23 cents diluted loss per share, compared to a loss of $1.6 million and 13 per share, in the same period last year.
Finishing segment net sales were $51.0 million with organic sales increasing 1.2 percent. Targeted growth initiatives and strong industrial markets in the U.S. were partially offset by moderating European industrial markets, the company said.
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.
