A Self-Driven Success Story
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2020
A Natural Knack for Distribution
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3 Levers to Improve Your Sales Process
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What the Changing Role of the Master Distributor Means for the Industry
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Commentary: Inside Every Threat There is Opportunity
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10 Acquisitions in 2.5 Years: The Strategy Behind Cook & Boardman’s Growth
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5 Nontraditional Roles to Add Value
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Graybar Taps Spirit of Innovation in Digital Transformation
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Alibaba Group Wants to Recruit You
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Commentary: Where Does Your Business Fall on the Commoditization Spectrum?
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The USMCA: What It Means for Distributors and Manufacturers
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News Digest 5003
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Rexnord Sales Fall 1% in Fiscal Third Quarter
Rexnord Corp. (NYSE: RXN), Milwaukee, reported sales for the third quarter of fiscal 2020 of $492 million, an increase of 1% year-over-year. Profit for the quarter was $48 million compared to $53 million the previous year’s quarter. For the first nine months of the fiscal year sales were $1.5 billion, up 0.5% from the previous year.
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Stanley Black & Decker’s Sales Up 3% in 2019
Stanley Black & Decker (NYSE: SWK), New Britain, Connecticut, has reported fourth-quarter and full-year 2018 financial results. The company reported 2019 full-year revenues of $14.4 billion, up 3% compared with 2018. Profit was reported at 955.8 million. Fourth-quarter sales were $3.7 billion, up 2% compared to the same period in 2018. Profit was $199.1 million, compare to
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Ingersoll-Rand Sales Up 5.9% in 2019
Ingersoll-Rand plc (NYSE: IR), Swords, Ireland, reported sales for 2019 of $16.6 billion, a 5.9% increase from the previous year. Profit increased 5.5% to $1.4 billion. Sales for the fourth quarter were $4.2 billion, a 6.5% increase over the same period a year ago. Profit was $296.1 million compared to $254 million in the previous fourth
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Avery Dennison Sales Down 1.2% in 2019
Avery Dennison Corp. (NYSE:AVY), Glendale, California, reported sales 2019 or $7.1 billion, down 1.2% over 2018. Organic sales were up 2%. Profit was $303.6 million, down 35% over 2018. The company reported sales for the fourth quarter of $1.8 billion, up 0.2% from the prior-year period and 2.1% organically. Profit was $162.5 million, up 67.4%.
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