Dallas-based building materials distributor Builders FirstSource, still riding the momentum of its merger with BMC Stock Holdings, reported another strong quarter.
Builders FirstSource Sales Spike Due to BMC Merger Read More »
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 »
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 reported bookings of $4.4 billion in the second quarter, which was a 34% increase year-over-year.
Trane’s 2Q Sales Up 22% Year-Over-Year Read More »
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 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 said the increase was largely driven by a 13.2% surge in the company’s Pharmaceutical Distribution Services revenue.
AmerisourceBergen’s 2Q Sales Increase 18% Read More »
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 »
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 »
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 »
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.
Deeper Dive: How Grainger Continues to Evolve Read More »
Second quarter Electronic Instruments Group sales were a record $934 million, up 44% compared to last year’s second quarter.
AMETEK Sales Increase by 37% in 2Q Read More »
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 »
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 »
With this latest addition, the distributor of electronic test, measurement, and production supplies will expand to the UK.
TestEquity Acquires MCS Test Read More »
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 reported fiscal fourth-quarter net income of $35 million after reporting a loss in the same period a year ago.
Kennametal’s 4Q Sales Increase 36% Year-Over-Year Read More »
The JDS deal marked Cook & Boardman’s 13th acquisition since it was bought by Littlejohn in 2018.
Cook & Boardman Snaps-Up JDS Read More »
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 »
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 »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
