CEO Ted Decker noted a weather-delayed start to spring and continued softness in certain larger discretionary projects.
Latest In Operations
In its 26th acquisition, Ficodis added Montreal-based tool and fastener distributor Dorson to strengthen its residential construction sector offering.
It gains Macomb a 66-year-old, two-location distributor of PVF, bathroom and kitchen fixtures and HVAC equipment.
Mike Hockett analyzes Sonepar’s 26-year North American expansion that has led to over $15 billion in 2023 sales, with most of that in the U.S.
In its third deal of the year, construction and safety supplies distributor White Cap will add Michigan-based safety product distributor.
1Q U.S. sales actually increased 2% year-over-year, driven by DNOW's acquisition of Whitco Supply that was completed during the quarter.
NTS will operate as a division of Abrasives & Tools of N.H.
Spain-based AUSA will complement Oshkosh’s JLG line of telehandlers and other material handling equipment.
Gross margin had a modest annual improvement, while EBITDA shrunk.
The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
Company veteran Steven Bourbeau will lead operations in portions of Illinois, Michigan, Indiana and Wisconsin.
They have a combined 16 manufacturing and distribution locations across four countries for electric heating and HVAC solutions.
AIS Industrial & Construction Supply is a single-location distributor, but its innovation in sales, marketing and eCommerce has outdone that of many larger industry counterparts. CEO Dale Hahs joins to discuss what AIS has been up to lately, what he's seen change in his 40 years with the company, and what he'd do differently in a career restart.
It's already the ninth deal announced by Imperial Dade in 2024.
The fasteners and industrial supplies distributor's 1Q acquisition of Koch Industries helped drive top-line sales growth.
Ahead of Resideo's major acquisition of Snap One that will signficantly expand ADI, the unit saw 1Q volume declines in several categories.
Year-over-year sales turned positive after a prolonged period of decline, while margins, profit and EBITDA all were down.
It’s set to push the distributor’s U.S. datacom and datacenter sales to over $1 billion annually.
Distributors are dealing with more potential business risks today than ever before. We polled hundreds of them to determine what the biggest risks are, and dissected plenty of interesting commentary.
It was another deceleration as daily sales declined sequentially vs. March in all three of the company’s geographies and product lines.
