Lawson Products (LAWS) Tops Q2 EPS by 12c, Beats on Revenues

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Lawson Products Announces Second Quarter 2018 Results

July 26, 2018 7:30 AM EDT

20.5% Sales Increase Drives Strong Performance

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, 2018.

Highlights

Total sales of $90.4 million, up 20.5%. Average daily sales ("ADS") increased to $1.412 million during the second quarter of 2018 compared to $1.172 million in the second quarter of 2017 and increased 5.3% sequentially over the first quarter Organic Lawson segment ADS, excluding The Bolt... More