Lawson Products (LAWS) Posts Mixed Q2 Results

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Lawson Products Reports Second Quarter 2015 Results

July 23, 2015 7:30 AM EDT

$2.0 million improvement in operating income

$0.33 EPS on net sales of $70.7 million

CHICAGO--(BUSINESS WIRE)-- Lawson Products, Inc. (NASDAQ: LAWS) (Lawson or the "Company"), a distributor of products and services to the MRO marketplace, today announced results for the second quarter ended June 30, 2015. The Company generated $3.2 million of operating income on net sales of $70.7 million.

"We delivered improved operating results, said Michael DeCata, president and chief executive officer. Sales continued to be impacted by the weaker Canadian dollar and reduced demand in the energy sector... More