DXP Enterprises sales climb 22.3 percent
DXP Enterprises reported that its third-quarter sales increased 22.3 percent to $308.0 million, compared to $251.9 million for the third quarter of 2017.
Organic sales for the quarter increased 17.5 percent year-over-year and acquisitions added $12.1 million in sales.
Net income of $8.4 million, or 46 cents per share, compared to $2.9 million, or 16 cents, in the same period last year.
"In terms of our business segments for the third quarter of 2018, sales were $187.8 million for Service Centers, $76.7 million for Innovative Pumping Solutions and $43.6 million for Supply Chain Services," said David R. Little, chairman and CEO.
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.
