The distributor’s full-year total sales increased 1.5% year-over-year, while 4Q sales remained flat.
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The latest AMT report shows a decrease from May and a 4.2% decrease compared to the same period a year earlier.
Ferguson closed on 10 acquisitions in its 2024 fiscal year that ended July 31.
Motion broadens its position in eastern Canada with the acquisition of Canada-based LSI and its sister company.
LFG expands into the Southeast U.S. with its fifth operating division, Alabama based-Halsey Foodservice.
The company’s organic sales declined by 3.3% year-over-year, while SRS Distribution contributed $1.3 billion in 2Q net sales.
The company has completed three acquisitions so far in 2024 and is looking for more.
This is C&B’s seventh acquisition under Platinum Equity’s majority stake ownership.
Core & Main expands into Southeast U.S. with its second announced acquisition in August.
July’s monthly figure decelerated slightly from June.
June total was up 4.3% vs May, but the first half of 2024 still remains down 11% year-over-year.
The distributor’s recent acquisition of Snap One accounted for $45 million of the company’s 2Q sales of $959 million.
It follows recent announcements from the retailer regarding its positioning and friction between its shareholders and leadership board.
Gross margin and adjusted EBITDA likewise both improved year-over-year.
After a May increase, Government data indicated that sales fell month-to-month but rose year-over-year in June.
As its 13th U.S. DC, it's the first for Dot to open with a Family Heath Center.
The company’s total 2Q sales fell 3.1% — which improved sequentially from a 6.5% decline in 1Q.
Imperial Dade expands its Arizona footprint by adding foodservice and janitorial products distributor Excell Direct.
Autobrade provides three key offerings to its customers: Robotic integration; Innovation process improvements; and industry expertise.