Avnet 1Q Sales Down 6.1%, but Net Profit Improves
On a constant currency basis, sales decreased 7.8% year-over-year and decreased 2.9% sequentially, Avnet said in a news release.
Avnet 1Q Sales Down 6.1%, but Net Profit Improves Read More »
November 1, 2023
MDM Podcast: The State of Distribution Innovation
NAW’s Bart Tessel and Applico’s Alex Moazed share thoughts on distribution innovation and technology today as critical differentiators, and where they’re headed.
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September U.S. Construction Spending up 0.4% from August
August’s growth was considerably revised upward, from 0.5% to 1.0%, according to new data from the Census Bureau.
September U.S. Construction Spending up 0.4% from August Read More »
BlueLinx 3Q Sales & Profits Slide on Weak Housing
Marietta, Georgia-based building products distributor BlueLinx reported a 24% decrease in sales revenue in the third quarter of 2023.
BlueLinx 3Q Sales & Profits Slide on Weak Housing Read More »
Citing ‘Strong’ Economy, Fed Leaves Rates Unchanged
‘Economic activity expanded at a strong pace in the third quarter,’ the central bank said in a statement Nov. 1.
Citing ‘Strong’ Economy, Fed Leaves Rates Unchanged Read More »
Endries International Acquires Viscan Group in Quebec
Viscan is a leading supplier of specialized screws, general fasteners and related components.
Endries International Acquires Viscan Group in Quebec Read More »
Singer Industrial Continues Deal Spree, Adds Viking Hose
In its sixth deal of the year, Singer Industrial joined forces with North Carolina-based Viking Hose and Fittings.
Singer Industrial Continues Deal Spree, Adds Viking Hose Read More »
Builders FirstSource Sees Continued Sales & EBITDA Declines
The company reported net sales of $4.5 billion, a 21.3% decrease primarily driven by a weaker housing market and commodity deflation.
Builders FirstSource Sees Continued Sales & EBITDA Declines Read More »
October PMI Falls 2.3 Points from September
It followed two straight months of improvement, retracting further into contraction territory.
October PMI Falls 2.3 Points from September Read More »
