BlueLinx also reported a gross profit of $180 million compared to $93 million in the prior year period.
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Systemax, the parent of Global Industrial, also reported first-quarter profit fell 33.7% to $5.5 million.
Building materials distributor Huttig Building Products Inc. reported first quarter net income of $8.1 million after posting a loss of $8.9 million in the first quarter of 2020.
Industrial distribution giant Grainger says its High-Touch Solutions (N.A.) segment sales were up 1.8%, and 3.4% on a daily basis versus the prior-year quarter.
Net product sales for Amazon totaled $57.5 billion in the quarter, up 27.2% from $41.8 billion in the year-ago period.
The Chicago-based MRO distributor Lawson Products also saw its average daily net sales grow 15.6% as the company began 2021 with a bang.
After sales increase in the third quarter, Applied Industrial Technologies’ CEO is predicting an even better fourth quarter.
United Rentals’ net income was up 17% year-over-year in the first quarter as the company raised its full-year guidance.
Year to date, sales increased 6.2% to $14.3 billion for the Phoenix, Arizona-based electronics distribution giant Avnet.
Despite the loss, MRC Global posts a 5% sequential revenue increase in Q1 over the previous fourth quarter.
The company also saw net income grow 120.6% compared to 2020; both revenue and profit were records for the electrical distributor.
Profit for the Swedish manufacturer Atlas Copco increased 7% over the prior year.
The electrical giant reported profit of $502 million, a 34% improvement when compared to the year-ago period.
Due to strong results, Pool Corp. raises its guidance for the remainder of the year.
SKF CEO Danielson expects sales to continue to grow in Q2 to reach pre-COVD levels
Genuine Parts Co., the parent of Motion, reported that the distributor’s 1Q sales of $1.5 billion were up 0.1% year-over-year and represented 34% of the company’s revenues in the period.
Watsco's HVAC equipment sales increased 14% in the quarter, other HVAC products increased 11% and commercial refrigeration equipment increased 10%.
March sales increased 12.4% over the same month a year ago as the company saw fastener sales continue to rebound, growing 14% in the month.
Industrial distributor’s sales decline 4% in the first six months compared to year-ago period while profit sinks 53.2% YTD.
The company, which rebranded from AmazonSupply in 2015, also said it’s now being used by more than 5 million businesses across its marketplace.
