Essendant (ESND) Misses Q2 EPS by 9c, Offers Outlook

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Essendant Reports Second Quarter 2017 Results

July 26, 2017 4:25 PM EDT

DEERFIELD, Ill., July 26, 2017 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND), a leading national wholesale distributor of workplace items, today announced financial results for the second quarter ended June 30, 2017.  Key results for second quarter 2017 were as follows:

Second Quarter 2017 Summary

Revenue declined 6.9% to $1.3 billion, compared to $1.4 billion in the prior year quarter GAAP diluted earnings per share in the quarter of $0.14 decreased compared to $0.35 in the prior year quarter Adjusted diluted... More