Acquisitions Power Beacon’s 7.6% Sales Growth in 3Q
Beacon set a company record for quarterly sales, with acquisitions largely driving year-over-year growth.
Acquisitions Power Beacon’s 7.6% Sales Growth in 3Q Read More »
Beacon set a company record for quarterly sales, with acquisitions largely driving year-over-year growth.
Acquisitions Power Beacon’s 7.6% Sales Growth in 3Q Read More »
The company is set to enhance its presence in Louisiana with a new facility that is expected to create around 20 jobs.
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It decelerated from 2Q, reflecting a downturn in private inventory investment and residential fixed investment.
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The company reported volume growth in key specialty product categories, while price deflation impacted overall sales.
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The company is anticipating a negative impact on sales from hurricanes Helene and Milton in its fourth quarter.
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Sales in both its Electronic Components and Farnell business units declined by double digits.
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The new facility is set to offer specialized handling for sensitive products available by early 2025.
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The company attributed its decline in sales to a challenging demand environment and continued softness in its core customer base.
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