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D & K Stores Inc history
D & K Stores Inc company history timeline
After graduating from Williams College in 1963, and attending New York University's business school the following year, Armstrong started his career in business with the Morgan Guaranty Trust Company, and in a short period of time was elected assistant treasurer.
D&K Wholesale Drugs--so named for the "D" in Delta and the "K" in Kelly--was established as a private company in 1987.
By 1991, net sales had increased a hefty 25.6 percent to $129 million, and the following year, Armstrong took the company public.
In 1992, the company's net sales increased by 12.6 percent to $145.2 million.
By the end of fiscal 1994, net sales had passed the $200 million mark and had risen to $211.2 million, an increase of nearly 26 percent over the previous year's figures.
Continuing its very first acquisition plan, in March 1995 D&K acquired Krelitz Industries, Inc.
DK Dollar+Grocery applied for a grant in the spring of 2016 requesting shelving installations and inventory purchases.
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D & K Stores Inc may also be known as or be related to D & K Stores Inc and D&K Stores Inc.