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In The News:

Breaking News in Wholesale Distribution

Houston Wire & Cable Sales Down 9.1% in Second Quarter

Distributor’s second-quarter sales were down 4.6% to $179.6 million.
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Wajax Sales Up 7.1% in 2Q

Sales increased 8.2% in the first six months.
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Avnet Sales Up 2.6% in Fiscal 2019

Fourth quarter sales down 7.5% year-over-year.
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Graybar’s Second Quarter Sales Up 6.3%

Profit for the quarter was up 5.6%.
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Hill International Reports Second Quarter Earnings of $1.6M

Adjusted EBITDA was $4.9 million, up from $2.4 million in the prior quarter.
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Snap-on Acquires Cognitran Limited

The company will be part of the Snap-On’s Repair Systems & Information Group.
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AgoNow’s Larry Davis Named President at Fairmont Supply

Davis will remain a co-owner of AgoNow.
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ISSA Elects New 2020 Board Members

The ISSA Board of Directors will be led by incoming ISSA President Ken Bodie of Kelsan Inc.
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Neenah Sales Down 7% in Second Quarter

Technical products sales decreased 5% during the quarter.
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DXP’s Sales Up 7.1%

Net income was $13.4 million, compared to $11.5 million in the year-ago period.
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