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Lawson Products Reports Third Quarter 2017 Results

October 26, 2017 7:30 AM EDT

Average Daily Sales Increase 9.5%

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 third quarter ended September 30, 2017.

Highlights

Average daily sales increased 9.5% to $1.201 million during the third quarter of 2017 compared to $1.097 million in the third quarter of 2016 Gross profit percentage increased to 60.8% in the third quarter compared to 60.6% a year ago GAAP operating income was $1.1 million compared to $2.4... More