HARDI Distributors Report 22.1% Revenue Increase in June
The 17.2% average annual sales growth through June was down slightly from May, according to HARDI’s TRENDS report.
The 17.2% average annual sales growth through June was down slightly from May, according to HARDI’s TRENDS report.
W.W. Grainger Chairman and CEO D.G. Macpherson provided insight on how his company continues to evolve in the face of a shifting landscape.
Second quarter Electronic Instruments Group sales were a record $934 million, up 44% compared to last year's second quarter.
In the second quarter, Owens & Minor posted net income $65.9 million compared to a net loss of $55 million last year.
The company in May announced it was selling the division to CentroMotion for $375 million.
With this latest addition, the distributor of electronic test, measurement, and production supplies will expand to the UK.
The building materials distributor has added a trio of businesses, expanding its footprint in Georgia and Virginia.
Kennametal reported fiscal fourth-quarter net income of $35 million after reporting a loss in the same period a year ago.
The JDS deal marked Cook & Boardman’s 13th acquisition since it was bought by Littlejohn in 2018.