Lawson Products (LAWS) Tops Q3 EPS by 17c, Revenues Miss
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Lawson Products Announces Third Quarter 2018 Results
October 25, 2018 7:30 AM EDT17.0% 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 third quarter ended September30, 2018.
Highlights
Sales of $88.5 million, up 17.0%. Average daily sales ("ADS") increased to $1.405 million during the third quarter of 2018 compared to $1.201 million in the third quarter of 2017 Lawson segment ADS increased 4.0%, excluding The Bolt Supply House ("Bolt Supply"), primarily due to a 6.6% improvement in sales rep... More