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Posts By Mike Hockett
SRS Distribution gained roofing share in a historically weak market as Home Depot’s Pro business outperformed DIY in Q4. From HD’s earnings call, we extract executive details shared on pricing strategy, GMS integration and cross-selling momentum across the company’s expanding contractor-focused offering.
SRS' first two bolt-ons of the year net two locations and a combined 31 employees.
We break down the latest key industry figures for both December and the full year, including a look at year-to-date and year-over-year wholesale sales by NAICS product category.
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
GDP growth slowed to less than one-third of the rate it had in 3Q25, missing expectations as it was weighed down by the 43-day shutdown and slower consumer spending.
Always-volatile transportation orders drove the monthly decline, while core capital goods posted a solid increase to end the year.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
MDM’s Mike Hockett is set to moderate a can’t-miss technology & innovation panel to kick off Day 2’s agenda and NAW’s Brian Wild will help close the conference with policy and regulation insights from Capitol Hill. Get the details here.
GPC announced the pending move alongside reporting 4Q25 and full-year financial results, which showed annual sales at Motion finish just shy of $9 billion.
The company lands an HVAC equipment and parts distributor for its first bolt-on of 2026.
AI is reshaping distributor CRM — but only when backed by the right platform strategy. In this episode of the MDM Amplify Podcast, LeadSmart's Kevin Brown breaks down smart AI adoption, data integration and how distributors can turn customer intelligence into measurable growth. We also touch on his 30 years of perspective in the industrial supply channel and share takeaways from NAW's 2026 Executive Summit.
Wesco has filed a federal lawsuit against fellow distributor Eckart Supply and six former employees, alleging a coordinated effort to poach more than 30 workers, divert customers and misappropriate trade secrets to build a competing Georgia operation. Get all the key details and context here.
Wajax lands an executive with 30 years of experience of Canadian and internatinoal distribution, manufacturing, retail and services, with previous stints at National Tire Distributors, Grainger and General Motors.
We're off Monday in observance of Presidents' Day in the U.S., so Update will be back in action Tuesday morning.
After a tariff-driven May-August slump, orders accelerated throughout the rest of 2025 and entered 2026 with underlying momentum.
It’s one of a few visual changes you’ll notice around the MDM website, but our mission and purpose haven’t changed. Learn more here.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.