Posted July 28, 2020

Systemax Inc. sales declined 2.6 percent

Systemax Inc. reported that its second-quarter sales decreased 2.6 percent to $242.1 million compared to $248.6 million last year.

Net income of $15.3 million, or 40 cents per diluted share, improved from income of $14.9 million, or 39 cents, in last year's second quarter.

"Our Restore, Return, Rebound campaign launched in April and has positioned Global Industrial with customers as a leading source for education and guidance on pandemic related solutions and supplies," said Barry Litwin, chief executive officer. "The proposition enables our sales force and digital platform to engage customers with timely and practical information on how to harden their environment through PPE, as well as our broader facility solutions offering."

Systemax is a provider of industrial products in North America going to market through a system of branded e-Commerce websites and relationship marketers. The primary brand is Global Industrial.