Global Direct's Net Sales Increase 31 Percent for 1Q

Share this content:
Global DirectMail Corp., a direct marketer of computer products, reported that net sales for its first quarter ended March 31 reached $358.4 million, an increase of 31 percent from $273.5 million for the same period last year.


The company announced that net income for the first quarter grew about 6 percent to $12.9 million, from $12.1 million last year.


"As planned, we reduced the cost of our PCs more than market driven drops in components," said Richard Leeds, chairman and CEO of Global DirectMail, Port Washington, NY. "We successfully translated those savings into increased unit sales at higher profit margins compared to the year-ago quarter."
close

Next Article in Agency

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above