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In The News:

Breaking News in Wholesale Distribution

Ingersoll-Rand’s Sales Down 2% in Second Quarter

For the first six months sales increased 4.7%.
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Meyers Industries Sales Down 4.5% in 2Q

For the first six months sales fell 6.7%.
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Eaton Sales Up 0.8% in 2Q

Year-to-date sales increased 0.9 percent year-over-year.
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Huttig’s Sales Down 2.2% 2Q

Millwork product sales decreased 3.9% in the second quarter of 2019.
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Dot Holdings Acquires OmniCable

OmniCable will continue to operate as usual with no changes to the company’s organizational structure, products or services.
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Amazon Second Quarter Sales Up 19.8%

For the first six months sales grew 18.5% to $123.1 billion.
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Real U.S. GDP Up 2.1% in 2Q According to Advance Estimate

The deceleration in real GDP in the second quarter reflected downturns in inventory investment, exports and nonresidential fixed investment.
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Fortive Sales Up 16.4% in 2Q

Year-to-date sales increased 11.7% year-over-year.
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Barnes Group’s Sales Fall 1% in 2Q

Sales in the industrial segment were $233.4 million, down 6% from $249.6 million in the prior year.
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Anixter’s Second Quarter Sales Up 5.8%

Profit for the quarter grew 83% to $63.5 million.
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