Lawson Products (LAWS) Misses Q2 EPS by 12c
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Lawson Products Reports Second Quarter 2016 Results
July 21, 2016 7:30 AM EDTCHICAGO--(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, 2016.
Second Quarter Highlights
Net sales of $69.3 million compared to $70.7 million a year ago. On an adjusted basis, net sales were essentially flat (See reconciliation in Table 1) Net income of $0.2 million for the quarter compared to $2.9 million a year ago reflecting the additional costs associated with the expansion of the sales organization... More