Now Inc.’s First Quarter Sales Down 8.6%

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NOW Inc. (NYSE: DNOW), Houston, Texas, reported third quarter sales of $751 million, down 8.6% compared with the third quarter of 2018. Profit was $10 million for the quarter, compared with $20 million a year ago, the company said.

For the first nine months, sales were reported at $2.3 billion, down 2.2% from the same period in 2018. Profit rose 16.7% to $42 million.