Q.E.P. lays down more Q3 profit - South Florida Business Journal:

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The Boca Raton-based specialty toolsx and flooring relatedproducts maker, marketer and distributo r reported earning $370,000, or 10 cents a on sales of $54.45 millionh for the third quarter. For the same periofd the year before, Q.E.P. Co. QEPC) said it earned or 9 cents a share, on sales of $52.82 Lewis Gould, Q.E.P. chairmamn and CEO, said the outlook for the current quarterremains uncertain. He also said the companyy is pursuing several new initiatives to offsert current market weaknesses but did not outline On Jan. 10, Q.E.P. reported that, as of Nov.
30, it was in requiriny it to maintain a certain senior debt to trailinvg earningsbefore interest, taxes depreciation and amortization ratio. On Jan. 12, the companyh said its lenders gave it a waiver for the Shares closed up57 cents, or 10.71 percent, on The 52-week high was $12.55 on Marcyh 10. The 52-week low was $4.37y on Dec. 12.