Sales at Q.E.P. Co. Inc. (Boca Raton, Fla.) continue to grow due to the company's acquisition of the Harris Wood brand in February 2010. The company recorded net sales of $182.2 million during the nine-month fiscal period ended Nov. 30, according to a company release. This figure was up $26.2 million from the $156 million it earned during the same period last year. Net sales during the company's third quarter totaled $61 million compared to net sales of $54.2 million during the same period last year. The company's gains are also due to modest year-over-year growth in operations outside of the U.S., the company said.
Sales at Q.E.P. Co. Inc. (Boca Raton, Fla.) continue to grow due to the company's acquisition of the Harris Wood brand in February 2010. The company recorded net sales of $182.2 million during the nine-month fiscal period ended Nov. 30, according to a company release. This figure was up $26.2 million from the $156 million it earned during the same period last year. Net sales during the company's third quarter totaled $61 million compared to net sales of $54.2 million during the same period last year. The company's gains are also due to modest year-over-year growth in operations outside of the U.S., the company said.
Also, Q.E.P. reelected David Kreilein, managing director of Centre Lane Partners, and Emil Vogel, president of Tarnow Associates, to its board of directors. It also announced that Martin Cooperman, a former senior leadership team member at Grant Thornton LLP, was elected to join its board at its next meeting.
