Bearings manufacturer RBC Bearings did see its profit grow 14.6% in the period.
Latest In Earnings
Beacon also reported a third-quarter profit of $70.5 million, compared with a $12.7 million loss in the year-ago period.
Arrow reports that global sales of electronic components and solutions increased 40% to $6.6 billion.
Fastenal’s reported daily sales for the month were up 9.7% versus a year as its sales mix continued at its normal levels.
Dallas-based building materials distributor Builders FirstSource, still riding the momentum of its merger with BMC Stock Holdings, reported another strong quarter.
The company again benefited from its $4.5 billion acquisition of Anixter International Inc. in 2020, with revenue spiking 120.2%.
Trane reported bookings of $4.4 billion in the second quarter, which was a 34% increase year-over-year.
NOW Inc. also narrowed its loss in the period, signaling a rebound for the industrial distributor, which had been hit especially hard by the pandemic.
Global Industrial Co. reported profit grew 37.9% to $21.1 million as the company another strong period.
AmerisourceBergen said the increase was largely driven by a 13.2% surge in the company’s Pharmaceutical Distribution Services revenue.
SiteOne’s net income increased by 56% year-over-year to $123 million in 2Q while gross profit increased 36% to $388.2 million.
Building materials distributor BlueLinx Holdings also reported a profit of $113.5 million for the quarter.
Second quarter Electronic Instruments Group sales were a record $934 million, up 44% compared to last year's second quarter.
In the second quarter, Owens & Minor posted net income $65.9 million compared to a net loss of $55 million last year.
Kennametal reported fiscal fourth-quarter net income of $35 million after reporting a loss in the same period a year ago.
Timken reported net income of $104.8 million in the second quarter versus net income of $61.9 million in the same quarter a year ago.
For the first six months, the company’s gas and services segment — its largest, by far — grew 8% to US$12.3 billion.
For the first six months, Weyerhaeuser reported sales of $5.7 billion, up 68.2% over the same period a year ago.
Industrial distributor’s sales for the first six months increased 7.8% from the same period of 2020.
Illinois Tool Works also reported second-quarter net income of $775 million versus $319 million a year ago.