MRO distributor Lawson Products, Inc. (NASDAQ: LAWS) reported 2021 fourth-quarter net sales of $102.1 million, a 4% increase over the same period in 2020. Average daily net sales in 4Q improved 5.7% to $1.701 million, compared to $1.609 million in the prior year quarter on one less selling day. For the full year, ADS increased […]
Category: yearly earnings
Global Industrial: Sales Up Overall Despite Down 4Q
Global Industrial Company (NYSE:GIC) of Port Washington, New York, reported consolidated sales in the fourth quarter of 2021 decreased 4.3% to $262 million compared to 2020, but overall annual sales increased 3.3% to $1.06 billion. The 4Q of 2021 had 61 selling days, five fewer days than the same quarter in 2020. Sales increased 3.5% […]
MRC Global Yearly Sales Top $2.6B
MRC Global Inc. reported 2021 year-end sales of $2.66 billion, a 4% increase over 2020. The pipes, valves and fittings distributor also reported 2021 fourth-quarter sales of $686 million, an 18% increase over the same period in 2020. For the year, adjusted EBITDA was $146 million, 5.5% of sales, a 51% improvement over 2020. In […]