WESCO’s 2Q Sales More Than Double
The company again benefited from its $4.5 billion acquisition of Anixter International Inc. in 2020, with revenue spiking 120.2%.
WESCO’s 2Q Sales More Than Double Read More »
August 2021
Think Beyond Purchases: The Role of Micro-Conversions in Driving Online Revenue
Micro-conversions can function as steps through which a distributor’s customers travel on the way to a sales conversion.
Think Beyond Purchases: The Role of Micro-Conversions in Driving Online Revenue Read More »
Trane’s 2Q Sales Up 22% Year-Over-Year
Trane reported bookings of $4.4 billion in the second quarter, which was a 34% increase year-over-year.
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NOW Inc. Sales Improve 8.1% in 2Q
NOW Inc. also narrowed its loss in the period, signaling a rebound for the industrial distributor, which had been hit especially hard by the pandemic.
NOW Inc. Sales Improve 8.1% in 2Q Read More »
Global Industrial Sales Up 12.6% in 2Q
Global Industrial Co. reported profit grew 37.9% to $21.1 million as the company another strong period.
Global Industrial Sales Up 12.6% in 2Q Read More »
AmerisourceBergen’s 2Q Sales Increase 18%
AmerisourceBergen said the increase was largely driven by a 13.2% surge in the company’s Pharmaceutical Distribution Services revenue.
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SiteOne’s 2Q Sales Spike by 33% in 2Q
SiteOne’s net income increased by 56% year-over-year to $123 million in 2Q while gross profit increased 36% to $388.2 million.
SiteOne’s 2Q Sales Spike by 33% in 2Q Read More »
BlueLinx Sales Up 87.2% in 2Q
Building materials distributor BlueLinx Holdings also reported a profit of $113.5 million for the quarter.
BlueLinx Sales Up 87.2% in 2Q Read More »
HARDI Distributors Report 22.1% Revenue Increase in June
The 17.2% average annual sales growth through June was down slightly from May, according to HARDI’s TRENDS report.
HARDI Distributors Report 22.1% Revenue Increase in June Read More »
Deeper Dive: How Grainger Continues to Evolve
W.W. Grainger Chairman and CEO D.G. Macpherson provided insight on how his company continues to evolve in the face of a shifting landscape.
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AMETEK Sales Increase by 37% in 2Q
Second quarter Electronic Instruments Group sales were a record $934 million, up 44% compared to last year’s second quarter.
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Owens & Minor Sales Up 38% in 2Q
In the second quarter, Owens & Minor posted net income $65.9 million compared to a net loss of $55 million last year.
Owens & Minor Sales Up 38% in 2Q Read More »
Carlisle Cos. Completes Sale of Carlisle Brake & Friction
The company in May announced it was selling the division to CentroMotion for $375 million.
Carlisle Cos. Completes Sale of Carlisle Brake & Friction Read More »
TestEquity Acquires MCS Test
With this latest addition, the distributor of electronic test, measurement, and production supplies will expand to the UK.
TestEquity Acquires MCS Test Read More »
US LBM Acquires Three Companies
The building materials distributor has added a trio of businesses, expanding its footprint in Georgia and Virginia.
US LBM Acquires Three Companies Read More »
Kennametal’s 4Q Sales Increase 36% Year-Over-Year
Kennametal reported fiscal fourth-quarter net income of $35 million after reporting a loss in the same period a year ago.
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Cook & Boardman Snaps-Up JDS
The JDS deal marked Cook & Boardman’s 13th acquisition since it was bought by Littlejohn in 2018.
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ISM: Manufacturing Sector Down Slightly in July
The July Manufacturing PMI registered 59.5%, down 1.1 percentage points from the June reading of 60.6%, according to the latest ISM report.
ISM: Manufacturing Sector Down Slightly in July Read More »
July M&A Roundup: More Big Moves in the Building Materials Sector
The building and construction vertical saw a handful of deals announced last month, including three acquisitions from US LBM Holdings.
July M&A Roundup: More Big Moves in the Building Materials Sector Read More »
Cardinal Health Completes Sale of Cordis Business to Hellman & Friedman
Previously announced, Cardinal Health is unloading the business for $1 billion.
Cardinal Health Completes Sale of Cordis Business to Hellman & Friedman Read More »
