January 23, 2020 - Modern Distribution Management

Log In

January 23, 2020

Applied Industrial Sales Fall 0.8% in Fiscal Second Quarter

Industrial distributor Applied Industrial Technologies (NYSE: AIT), Cleveland, reported fiscal second-quarter sales of $833.4 million, down 0.8% compared to the year-ago period. Net income fell 1.8%to $38 million. Excluding a 3.2% increase from acquisitions, sales decreased 4% on an organic basis reflecting a 3.5% decline in the Service Center segment and a 4.9% decline in the Fluid Power & …

Applied Industrial Sales Fall 0.8% in Fiscal Second Quarter Read More »

Associated Builders and Contractors new construction tech report

New MDM Podcast: The Value in Making Innovation Part of Your Business Model

Innovation is hard to define. But that didn’t stop us from trying to get beyond generic bromides to analyze what it means in markets that are getting increasingly commoditized – by Amazon Business, new emerging marketplaces and other alternative supply sources. “Innovation in the commercial and industrial space is the equivalent of adding incremental or new …

New MDM Podcast: The Value in Making Innovation Part of Your Business Model Read More »

Register for full access

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.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!