United Stationers Inc.
Stock Symbol: USTR
2200 East Golf Road
United Stationers Inc. Industry:
United Stationers Inc. Description:
United Stationers Inc., with trailing 12 months sales of approximately $3.8 billion, is North America's largest broad line wholesale distributor of business products and a provider of marketing and logistics services to resellers. Its integrated computer-based distribution system makes more than 40,000 items available to approximately 15,000 resellers. United is able to ship products within 24 hours of order placement because of its 35 United Stationers Supply Co. distribution centers, 24 Lagasse distribution centers that serve the janitorial and sanitation industry, two Azerty distribution centers in Mexico that serve computer supply resellers, and two distribution centers that serve the Canadian marketplace. Its focus on fulfillment excellence has given the company an average order fill rate of better than 97%, a 99.5% order accuracy rate, and a 99% on-time delivery rate.
United Stationers Inc. Financial Summary:
USTR is a distributor of a broad range of office products, computer supplies, facilities management supplies and office furniture. For the 6 months ended 6/30/05, revenues increased 9% to $2.14B. Net income increased 8% to $47.9M. Revenues reflect growth within the janitorial & sanitation supplies, and furniture businesses. Earnings were partially offset by increased cost of goods sold as a percentage of revenues.
United Stationers Inc. Business Summary:
United Stationers Inc. (United) is a broad line wholesale distributor of business products and a provider of marketing and logistics services to resellers. United Stationers Supply Co. (USSC) is the Company's only direct wholly owned subsidiary and United's principal operating company. USSC sells traditional business products, as well as technology products through its Azerty marketing division, and janitorial and sanitation products through its subsidiary, Lagasse, Inc. The Company distributes more than 40,000 stockkeeping units (SKUs) classified into four categories: technology products, traditional office products, office furniture and janitorial/sanitation supplies. Its customers include independent office products dealers and contract stationers, national mega-dealers, office products superstores, computer products resellers, office furniture, mass merchandisers, mail-order companies, sanitary supply distributors, drug and grocery store chains and e-commerce merchants.