Bearings manufacturer RBC Bearings Inc., (NASDAQ: ROLL), Oxford, CT, reported sales for the fiscal first quarter of $163.9 million, a 6 percent increase over the same period a year ago. Profit increased 20.9 percent to $21.8 million.
Industrial sales increased 12.1 percent mainly driven by marine, energy, mining, semi-conductor and general industrial activity. Aerospace sales increased 2.8 percent mainly driven by commercial aircraft and defense.
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
