Anixter’s Sales Down 2% in First Quarter
Profit was $35.7 million, down 9% over 2019.
April 2020
3M’s Sales Up 2.7% in 1Q
Safety and Industrial group sales of $2.9 billion were down 1% in U.S. dollars.
ABB’s Sales Fall 9% in Q1
The company reported profit of $376 million, a 30% drop when compared to the year-ago period.
Think Like a Futurist
Everyone wants to know, what will our economic recovery from COVID-19 look like? The most optimistic are hoping for a V-shaped curve, others are expecting a W or even an L. When faced with an indeterminate outlook like we see today, information is key.
Epicor Unveils ECC Express
The e-commerce product is designed for businesses which need an immediate way to improve productivity, offer quality online experiences and stay connected to their valued customers and suppliers.
Think Like a Futurist
Everyone wants to know, what will our economic recovery from COVID-19 look like? The most optimistic are hoping for a V-shaped curve, others are expecting a W or even an L. When faced with an indeterminate outlook like we see today, information is key.
Barnes Group Sales Down 12.2% in 1Q
Organic sales fell 8%. Profit for the quarter fell 12.5% year-over-year to $29.7 million.
Rexel Sales Down 2.7% in First Quarter
Paris, France-based electrical distributor Rexel reported sales for the first quarter of 3.2 billion (US$3.5 billion), down 2.7% from the same period a year ago. On a constant, same-day basis, sales were up 3.3%.
Download this Issue as a PDF: April 25, 2020
This is the PDF of this issue of Modern Distribution Management.
The anecdote to uncertainty is information. In this issue of MDM Premium, our quarterly MDM-Baird data issue, you’ll find the latest information on how hundreds of distributors and manufacturers are responding to the coronavirus pandemic, as well as their projections for the second quarter and full year. We bring you analysis from Baird’s David Manthey, who breaks down market conditions and how the industry is planning to come out of the downturn. You’ll also find the first quarter pricing trends report as well as sales and inventory trends and distribution financial metrics and trading multiples from Houlihan Lokey.
Are you a subscriber? Simply log-in to view this issue.
MDM-Baird Distribution Survey: 5 Trends Emerging from the Industry Response to COVID-19
MDMs quarterly survey in partnership with investment banking firm Baird reveals a consensus among more than 600 participants: The industry began feeling the effects of the pandemic shutdown very quickly in March, with many expecting to experience an impact on business operations, supply chain, cash flow and even solvency through at least the end of the year.
Commentary: Think Like a Futurist
Everyone wants to know, what will our economic recovery from COVID-19 look like? The most optimistic are hoping for a V-shaped curve, others are expecting a W or even an L. When faced with an indeterminate outlook like we see today, information is key.
MDM Pricing Trends Report: First Quarter 2020
These product groups provide a snapshot of inflation trends based on the Producer Price Index from the U.S. Bureau of Labor Statistics. First quarter 2020 pricing levels are compared with fourth quarter 2019 and first quarter 2019.
To view this report, log-in and click on the download link below the product listing to access the print-ready PDF.
Monthly Wholesale Trade Data: February 2020
Wholesale revenues, inventories and ratios from February 2020.
MDM Industrial Inflation Index: March 2020
Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
Subscribers should log-in to read this article.
First Quarter 2020 Financial Metrics & Trading Multiples
In this two-page report, available to download in PDF after log-in, we feature data on merger and acquisition trends and financial metrics for the largest publicly traded distributors across diverse sectors in the fourth quarter of 2019.
In partnership with Houlihan Lokey, an investment banking firm, the report includes data on M&A activity trends across all industries (not just distribution), as well as valuation multiples for deals in all industries.
Is Amazon Business Becoming the No. 1 Industrial Distributor in the U.S.?
Amazon Businesss growth is not equally distributed. It has excelled in certain areas of B2B and struggled in others. Platform consultancy Applico shares the top verticals for Amazon Business, including number of products listed and category sellers.
