Harris Buyer Q.E.P. Sees Sales Jump

Q.E.P. Co. Inc. (Boca Raton, Fla.) reported net sales of $60.6 million during the second quarter; this figure is up 18.4 percent from $51.2 million during the same period in 2009. This performance gave the company a net profit of about $2 million, or 58 cents per share, according to a Q.E.P. release. Lewis Gould, chairman of Q.E.P.'s board of directors, attributed his company's performance to its acquisition of the Harris Wood operations in February.