UPDATE: Interline Brands Posts Rise In Q1 Profit
Interline Brands Inc (NYSE: IBI) posted a rise in its first-quarter profit.
Interline's quarterly net income surged to $7.5 million, or $0.23 per share, versus $6.9 million, or $0.20 per share, in the year-ago period. However, analysts were expecting a profit of $0.25 per share.
Sales at the facilities maintenance unit climbed 7.8% in the quarter.
Interline Brands shares closed at $20.15 yesterday.
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