Market conditions weren’t favorable for Applied Industrial Technologies Inc. in the fiscal fourth quarter, but the distributor navigated the COVID-plagued business landscape as well as possible thanks to cost-reduction measures it will extend into 2021.
Applied Making Right Cost-Control Moves, but Tough Environment Lingers Read More »
Roofing distributor names Samuel Guzman Jr. to role, replacing interim CAO Thomas Schmitz.
Beacon Appoints Chief Accounting Officer Read More »
The seasonally adjusted Fastener Distributor Index (FDI) for July was 54.6, consistent with improving momentum (above 50 reading) but at a slower rate versus the improvement seen in June.
Fastener Distributor Index for July Consistent with Prior Month Read More »
Like most companies, Applied was impacted in the period by the COVID-19 crisis and saw fourth-quarter sales fall 17.9% over the same period in 2019.
Applied Industrial’s Fiscal 2020 Sales Down 6.5% Read More »
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