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ESSENDANT INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2018 10-Q, filed Oct 25, 2018. Its latest SEC filing is a 15-12B from Feb 11, 2019.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Distributes janitorial and breakroom supplies, technology products, and office and industrial goods to independent and national resellers and e-commerce businesses.

Who Were Their Customers?

Resellers can have orders delivered to them or sent straight to their own customers through drop-ship; Essendant’s online businesses also sell tools, equipment and other items directly to consumers.

Customers above 10% of revenue, FY2017
of revenue from one customer
FY2015: 12% from one customer

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q3 FY2018, the three months to Sep 30, 2018
Revenue
▼ −1%
vs $1.3B in Q3 FY2017
Net income
▼ −95% (Loss)
vs −$81.9M in Q3 FY2017
  • Jan 31, 2019 Staples completed its acquisition of Essendant Essendant became a wholly owned subsidiary of Parent, and trading of its shares was halted as Nasdaq delisting was requested.
  • Sep 17, 2018 Staples agreed to acquire Essendant, ending the S.P. Richards deal Staples offered $12.80 per share in cash, and Essendant terminated its agreement to combine with GPC’s S.P. Richards business.

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