Sales increased 12.8% from
Earnings rose from
Basic and diluted earnings per net share both rose from
On an annual basis, sales increased from
Earnings increased from
Similar to the third quarter of 2021, growth in the fourth quarter of 2021 was slightly limited by slower growth or contraction in sales of certain products to certain end markets related to the COVID-19 pandemic when compared to the fourth quarter of 2020.
For instance, daily sales to government and warehousing customers declined 35.7% and 3.5%, respectively, while daily sales of safety supplies returned to growth, rising 3.5%. This increase reflected growth in vended product to the traditional customer base, partly offset by lower sales for high volume, direct shipments of pandemic-related product that were prevalent in the year earlier period.
Shares traded at
The
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