QuickTake: The ‘One Thing’ for Distributor Success in 2024
Teams that pivoted faster have outperformed competitors. Tom Gale and Mike Marks discuss how to assess your team’s transformational capabilities.
August 4, 2023
Owens & Minor 2Q Sales Show Modest Increase
Despite strong numbers from the company's Patient Direct segment, overall sales increased just 2.5%.
Fastenal Sales Growth Slows to 3.7% in July
The company reported its July sales figures, which showed net and daily sales were up 3.7% compared with the same period in 2022.
Beacon 2Q Sales Up 6.2% Despite Margin Slide
Beacon's increase in sales was driven by higher prices and the contributions of acquired and newly opened branches in the last four quarters.
With Hisco Aboard, DSG Sales Jump 17.6%
During the quarter, operating income more than tripled and adjusted EBITDA increased by $8.4 million, or nearly 27%.
Thomas Scientific Acquires Quintana Supply
The deal expands Thomas Scientific's distribution centers in the Northeast, furthering the ability to assist cleanroom production customers.
Performance Food Group Acquires OLM Food Solutions
The acquisition of OLM will expand Performance Food Group's foodservice distribution offerings for customers in multiple market segments.
ADI Global Sees Flat 2Q Sales as Margins Dip
ADI Global's parent company Resideo says it expects market conditions to limit sales expansion opportunities in the back half of 2023
