Tag: financial results
Fastenal hits new milestone
MRO and industrial supplier Fastenal has now installed over 100,000 vending machines. The landmark figure has come less than five…
Analysis: Depot slashing costs after disappointing Q1
Office Depot Inc has launched what it is calling a “business acceleration programme” following an April profit warning and first…
Inside ACCO’s Q1
Staples/Essendant update, direct-to-consumer sales, Australia challenges – OPI takes a closer look at the key takeaways from ACCO Brands’ first…
OP profits up, but sales down for LSC
LSC Communications’ Office Products division has reported an organic sales decline of 2.9% for Q1 2019. The US-based manufacturer said…
Paper sales climb for Domtar
North American paper manufacturer Domtar reported strong Q1 2019 results for its Paper and Pulp division. Sales for Pulp and Paper…
Sales dip for Clorox Professional
US-based manufacturer Clorox has reported a slight decline in Q3 2019 sales for its Cleaning division. Sales fell 1% to…
Edding on solid ground
Writing and presentation products manufacturer edding has reported FY2018 growth in both sales and profits. Sales for the year were up…
Massive losses for ADVEO
European wholesaler ADVEO has posted a loss for 2018 of more than €180 million ($202 million). The beleaguered firm –…
Declining paper volumes knock Antalis
European paper merchant Antalis reported a slight dip in FY2018 sales, primarily due to falling demand for paper. FY2018 sales…
Great start to 2019 for SYNNEX
IT distributor and services company SYNNEX has yet again set new quarterly records. For Q1 2019, sales were $5.2 billion,…
Tesa reports solid growth
Germany-based adhesive products manufacturer tesa ended FY2018 with strong organic sales growth of 6.8%. Sales for 2018 were €1.34 billion ($1.5…
Growth continues for Cintas
Corporate apparel provider Cintas has posted yet another consecutive quarter of strong sales and profits. Q3 2019 sales were $1.68…
Organic growth for Steelcase
Office furniture manufacturer Steelcase has reported impressive organic sales growth of 15% in its Q4 2019 sales. For the three…
Steady Q2 for Costco
Warehouse club operator Costco has reported solid Q2 sales. For the three months ended 17 February 2019, sales grew 7.3% to…
Strong year for Tech Data
Strong profit growth in its last fiscal quarter brought IT distribution giant Tech Data’s FY2019 results to a record level.…
BJ’s reports record growth during 2018
US-based BJ’s Wholesale Club has posted strong growth both in Q4 2018 and in its FY2018 results. For the three…
Bidvest CEO praises “outstanding” Office and Print performance
Lindsay Ralphs, CEO of South Africa-based conglomerate Bidvest, has said the group’s Office and Print division achieved outstanding results in…
“Pleasing” results for Veritiv
Packaging and Publishing helped drive modest improvements in Q4 2018 for North American B2B distributor Veritiv. Despite declines in its…
Supplies sales slow for HP Inc
HP Inc reported flat sales for its Printing segment in Q1 2019 as customers move to buy supplies online. Quarterly…
Online drives Best Buy performance
Global consumer electronics chain Best Buy has exceeded expectations for Q4 2019. Sales for the quarter totalled $14.8 billion, an…
Big read
Askul seeking end to Yahoo Japan partnership
Japanese office supplies reseller Askul has said it intends to dissolve its relationship with main shareholder Yahoo Japan following a…