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Article: United Stationers Reports Third Quarter 2009 Results.
- Article from:
- Energy Weekly News
- Article date:
- November 13, 2009
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United Stationers Inc. (NASDAQ: USTR), a leading North American wholesale distributor of business products, reported its third quarter 2009 results. Third Quarter Financial Highlights GAAP diluted earnings per share were $1.38, versus $1.39 a year ago. Excluding a year-ago gain on selling two distribution centers, 2009 earnings per share rose nearly 10% from an adjusted $1.26(1).
Year-to-date net cash provided by operating activities totaled $294.5 million, versus $65.4 million last year. Excluding accounts receivable sold, net cash provided by operating cash activities was $317.5 million(1) versus $91.4 million(1) last year.
Sales for the third quarter ...