Day: April 6, 2020

Stock market graph global crisis couased by corona virus SARS-C

COVID-19: Distributors Take Hit in Late March, Move to Weather Q2

The coronavirus hit distribution hard in the second half of March, according to a first look at the latest MDM-Baird quarterly survey. And distributors are acting quickly to protect the balance sheet and cash flow. Heres a recap of Fridays MDM LIVE program, where panelists shared the latest numbers on how quickly distributor revenue is declining, as well as what distributors are doing now to stem losses and conserve cash.