QEP Co. Inc. nine-month net sales down 4.7% to USD 178.3 million

Reuters
2026.01.14 13:17
portai
I'm PortAI, I can summarize articles.

QEP Co. Inc. reported a 4.7% decrease in net sales for the nine-month period ending November 30, 2025, totaling USD 178.3 million. In Q3 alone, net sales were USD 59.1 million, with a gross profit of USD 20.3 million. The decline in sales is attributed to ongoing pressure on home improvement spending due to economic uncertainty and high interest rates.