First-quarter sales for Affiliated Distributors affiliates for all divisions grew 4 percent year-over-year to $7.1 billion. In the last three months, affiliates hired 1,900 new employees and opened over 90 new locations.
AD industrial affiliate sales grew 3 percent in the first quarter year-over-year. AD electrical affiliate sales grew 3 percent, while plumbing/PVF sales were up 2 percent and building materials sales were up 12 percent. HVAC affiliate sales were up 6 percent.
"The first quarter in 2014 presented its share of challenges, including one of the worst winters affecting every region of the U.S.,” said Bill Weisberg, CEO.
Affiliated Distributors has more than 540 independently-owned members across seven industries and two countries with annual sales in excess of $28 billion.
