Its earnings season! As quarterly earnings reports continue to trickle in, MDM offers a recap of how the third quarter is shaping up for more than two dozen of the largest distributors and manufacturers.
Latest In Earnings
For the first nine months, sales were $16.2 billion, up slightly over the same period a year ago.
Profit decreased to $2.1 billion in the second quarter, compared to $2.9 billion in third quarter 2018.
For the first nine months sales grew 0.8% to $1.1 billion.
Year-to-date sales were $20.9 billion, up 3% from the prior-year period.
The company reported sales for the first nine months of 2019 were up 10% compared to 2018.
Sales for the Industrial Parts Group increased 10.2%.
