Pool Corp. Sales Up 39.6% in 2Q
In addition to setting a revenue record of $1.8 billion, the pool supply distributor saw profit increase nearly 65% for the quarter.
Day: July 22, 2021
Motion Sales Increase 19.6% in 2Q
Genuine Parts Co., the parent of Motion — what GPC calls its “industrial parts group” — on Thursday reported that the distributor’s second-quarter sales of $1.6 billion were up 19.6% year-over-year and represented 33% of total company revenues. The increase in sales reflected a 16.4% increase in comparable sales, a 2.4% favorable impact from foreign …
4 Foundational Analytics to Become a Data-Driven Digital Distributor
As distributors compete in an increasingly complex environment with non-traditional distributors amidst accelerating growth of digital channels and supply chain disruptions, using data (analytics and insights) to generate, manage and sustain profitable growth is becoming a key trait of resilient distributors.
Sonepar USA to Acquire Springfield Electric Supply
With the addition of the Springfield, Illinois-based distributor, Sonepar is expanding its footprint in the Midwest.
Watsco Sales Jump 36.5% in 2Q
Year-to-date sales grow 26.3% from same period in 2020 as company delivers a “blowout” quarter, said the distributor’s CEO.
Chicago Fed National Activity Index Moderates in June
Latest Chicago Fed National Activity Index (CFNAI) shows that three of the four broad categories of indicators used to construct the index made positive contributions in June, but two categories declined from May.
