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You are here: Home / News / Uni-Select Reports Second Quarter Sales of $302.5 million

Uni-Select Reports Second Quarter Sales of $302.5 million

July 30, 2020 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) today reported sales of $302.5 million, down 33.7% reflecting a lower demand due to the COVID-19 pandemic, for the second quarter ended June 30. The result represents negative organic growth of 31.9%, unfavorable fluctuations of the Canadian and British currencies, as well as the expected erosion from the integration of company owned stores over the last twelve months.

Uni-Select logoThe global spread of COVID-19 affected all segments. However, the Corporation’s sales performance was better than expected with sales steadily increasing month after month during the quarter, with June sales closing at over 85% compared to the same month

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Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

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