Q.E.P. Company reports Q1 EPS $1.36 vs. $1.17 last year

Reports Q1 revenue $61.5M vs. $63.5M last year. “Despite persistent economic headwinds, the first quarter results demonstrate the strength and resiliency of our business,” said Len Gould, CEO. “This is a reflection of the hard work of our people throughout QEP, and their efforts are to be applauded. We continue to proactively expand and enhance our domestic manufacturing footprint and our sourcing capabilities. Earlier this week the Grand Opening of our latest adhesive production facility in Dalton, Georgia was held. This completed a multi-year effort to bring new technology and enhanced capacity to our lineup, along with the ability to ‘in-house’ formerly purchased items, which represents a major milestone for the Company, and a true win for our customers.”