Essendant Inc. (ESND) Tops Q2 EPS by 3c
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Essendant Reports Second Quarter 2015 Financial Results
July 22, 2015 4:30 PM EDTDEERFIELD, Ill., July 22, 2015 /PRNewswire/ --Â Essendant Inc. (NASDAQ: ESND), a leading supplier of workplace essentials, today announced financial results for the second quarter ended June 30, 2015.
Second Quarter Overview
Sales increased 1.6% to $1.34 billion when compared to the second quarter of last year.  Gross margin was $212.1 million, or 15.8 percent of sales, up from 15.1 percent of sales in the prior year quarter. Operating expenses were $158.2 million, including $1.7 million related to the previously announced repositioning... More