USG's third quarter adjusted net income...
The company's industrial unit revenue rose 3 percent, while its electronics and energy unit rose...
Top-line growth, combined with an increase in gross profit margin and continued expense...
The sales increase was driven by growth in strategic accounts, growth in Lawson's Kent Automotive division, and by improved productivity of existing sales reps and sales reps hired within the past year.
Sales were up in all four of WESCO's end markets for the second consecutive quarter, while the company narrowed its full-year outlook.
Since the beginning of its fiscal year, the company has acquired 12 businesses with aggregate annual sales of more than $43 million.
Sales were boosted by the September acquisition of Liberty Bell Equipment, a wholesaler of automotive aftermarket tools and supplies.
Utility demand for power distribution solutions was steady in the quarter while investments in power transmission systems remained selective.
The aerospace fastener provider's revenue also jumped 24 percent, matching its year-to-date revenue increase.
The results for the most recent period topped the company's expectations, while it tightened its earnings outlook for the year.
Income growth was primarily driven by higher sales volume in all segments and savings from the Carlisle Operating System.
Strong commercial aerospace sales enabled the Hexcel to deliver the highest adjusted operating income percentage and net income in company history.
Despite a sales drop in four of the company's five business divisions, cash from operations increased 5.5 percent from Q3 2013.
The company told investors to expect a strong fourth quarter thanks to shipments of equipment and better profit margins for its industrial divisions.
The company forecasts slightly higher demand in the final months of 2014 after posting a bigger-than-expected rise in earnings.
Motion Industries sales and operating profits had healthy Q3 gains, led primarily by underlying growth.
Growth in the U.S. bolstered the Swedish appliance maker, which acquired the appliance business of General Electric last month.
It was another record sales quarter for GPC, which had growth in all four business segments, including the industrial group of Motion Industries.
Due to the positive gains for the quarter, Honeywell raised the lower end of its year-end projected sales between 3 and 4 percent.
The company reported an 11 percent year-over-year increase in net income for the quarter.
The company's fiscal year-end financial data included a 10 percent year-over-year increase in net income from 2013.
The addition of the specialist distribution business will further Bunzl's growth that stems from acquisitions.
The company says strong volume growth and positive operating leverage in the U.S. business were the primary drivers of its results.
The Kenosha, Wis.-based tool manufacturer had solid organic sales gains across all operating segments.
Despite a 14 percent year-to-date third quarter increase in sales, the ball-bearing maker will cut back production due to expected low European demand.
Though the company's gross margins may be slow in the short term, Fastenal has many positive signs of growth for the rest of the year and 2015.
The maker of industrial and construction fasteners posted revenue of $980.8 million in the period, surpassing Wall Street forecasts.
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