Quebec-based Uni-Sélect chalks up rise in sales to U.S. acquisitions

The Quebec-based car parts and accessories distributor Uni-Sélect (TSX:UNS) posted a net profit of $13.7 million, or 33 cents per share, in the second quarter on Wednesday.
This marks a drop from the $16.8 million net profit, or 40 cents per share, posted over the 2016 period.
However, the company’s quarterly sales increased from $323.7 million last year to $340.3 million this year. Uni-Sélect attributed this 5.1-per-cent increase to recent business acquisitions, most of