Sherwin-Williams Sees Flat 2Q Sales, but Profit Jumps
Sales within the company's Performance Coatings Group increased 0.3% during the quarter.
July 25, 2023
Simpson Manufacturing Sales Slow to Incremental Growth in 2Q
Structural connector and building solution manufacturer Simpson recorded consolidated net sales of $597.6 million, an increase of 0.7% YoY.
Data: Distributors Gauge Potential Impact of Government Programs, Reshoring
We distill results of the 2Q23 Baird-MDM Industrial Distribution Survey's polling of respondent expectations for the impact of government programs and reshoring on theIr businesses in the next 5-10 years.
Kimberly-Clark Pro Sales Growth Accelerates in 2Q
K-C Professional posted second-quarter sales of $887 million, an 11% increase year-over-year and 13% organic sales growth.
3M 2Q Sales Fall 4.3%, Takes Loss on PFAS Settlement
The company reduced its total global workforce by 10% this year as 'demand for consumer electronics waned,' Reuters reported.
UPS, Teamsters Agree on Contract, Averting Disruptive Strike
A tentative 5-year deal has been reached with UPS's 340,000-member union, likely averting a nationwide strike. See our full recap of the deal and the contingency plans several distributors had prepared.
