Masonite 2Q Sales & Margins Slip Amid Softer Demand
Net sales for the quarter were down 3% from 2022, while net income attributable to Masonite dropped 18%.
August 10, 2023
Turtle Opens Relocated New Jersey Headquarters
The new headquarters offers a wellness center, kitchen, coffee and luncheon area, and a game room — complete with a golf simulator.
U.S. Wholesale Revenues Declines Accelerated in June
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, also declined during the month.
U.S. Consumer Inflation Expanded Modestly in July
Consumer prices increased at a slightly higher pace than in June, while core inflation ticked downward.
Applied’s 2023 Fiscal Year Sees 16% Sales Gain
The company reported that fiscal 4Q net sales were $1.2 Billion, up 9.1% YoY and up 8.6% on an organic basis.
What Distributors Should Know About the Federal Sustainable Procurement Initiative
The proposed rule would expand federal purchasing recommendations across existing and new-purchase categories in healthcare, laboratories, professional services, foodservice, uniforms and clothing.
