Profit more than triples to $67.6 million in quarter.
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Company reports loss of $0.4 million for the quarter.
Increase due to higher construction intentions in the residential sector.
Sales for the first nine months of fiscal 2018 increased 37.9 percent year over year.
The company reported an organic growth of 9 percent during the quarter.
Goods and services deficit up 12.1 percent year-over-year.
Commercial & residential solutions sales were flat year over year.
Fourth quarter sales increased 16.4 percent year-over-year.
CHANGNAM will operate as a standalone business separate from TTIs distribution business.
Annualized growth through November is 6.4 percent.
The Present Situation Index increased during the month, while the Expectations Index decreased.
Acquisition expands Air Hydro Power's Alabama footprint.
Amazon Business represents more than a new competitor its an entirely new business model. To address new rules Amazon continually rewrites for traditional channel competition, distributors need to develop new strategies. This article, part 4 in our series, outlines key response alternatives for distributors and the industry collectively to define value, keep customers engaged and avoid displacement.This article includes:
- Compete or capitulate?
- Is there an alternative?
- Adaptive strategies for distributors
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Innovation will alter competitive dynamics. Selling products that are highly technical is a pretty good strategy to keep Amazon Business at bay today. But for how long will that be good enough? Thats the type of question every distributor needs to ask right now.Subscribers should log in below to read this article.
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This increase follows a 0.4 percent October decrease.
Real GDP increase follows second-quarter increase of 3.1 percent.