Masonite 2Q Sales & Margins Slip Amid Softer Demand
Net sales for the quarter were down 3% from 2022, while net income attributable to Masonite dropped 18%.
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August 10, 2023
Turtle Opens Relocated New Jersey Headquarters
The new headquarters offers a wellness center, kitchen, coffee and luncheon area, and a game room — complete with a golf simulator.
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U.S. Wholesale Revenues Declines Accelerated in June
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, also declined during the month.
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U.S. Consumer Inflation Expanded Modestly in July
Consumer prices increased at a slightly higher pace than in June, while core inflation ticked downward.
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Applied’s 2023 Fiscal Year Sees 16% Sales Gain
The company reported that fiscal 4Q net sales were $1.2 Billion, up 9.1% YoY and up 8.6% on an organic basis.
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What Distributors Should Know About the Federal Sustainable Procurement Initiative
The proposed rule would expand federal purchasing recommendations across existing and new-purchase categories in healthcare, laboratories, professional services, foodservice, uniforms and clothing.
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