Ferguson posts $5.9 billion in revenue in the third quarter as the U.S. economy heats up.
Posts By Mike Robuck
Total net sales rose 24.1% to $24.42 billion from $19.68 billion last year while comparable sales increased 25.9%
Home Depot’s first-quarter revenues increased 32.7% from the same quarter a year ago.
ISM’s spring survey of purchasing and supply executives found that expectations are high for the remainder of the year across the manufacturing and service sectors. Â
Acuity Brands also announced on Tuesday that Peter Han, the co-founder of Rockpile Ventures, is now president of Acuity’s newly-named Intelligent Spaces Group (ISG).
According to research cited by Bloomreach's Jason Hein, 25% of B2B business decision makers said direct websites are their fastest-growing channel, while 56% of B2B customers would pay more for a better or faster buying experience.
The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for March increased 18.5% from the same month in 2020.
Amazon is offering potential employees $100 if they’ve already been vaccinated and signing bonuses of up to $1,000.
Despite the year-over-year increase, Alibaba Group posted a net loss in 4Q due to a $2.8 billion antitrust fine last month.
 MSC Industrial Supply CEO Erik Gershwind details how his company pivoted from being a legacy spot-buy company into becoming a mission-critical partner for its customers.
Supply chain issues and rising cost of materials slow cutting tool industry’s rebound from COVID.
Air Supply’s second quarter results negatively impacted by COVID-19 and severe winter storm on Gulf Coast.
New orders placed in March also marked a 16.1% increase from the previous month of February, according to the most recent U.S. Manufacturing Technology Orders report.
MSC Industrial Supply CEO Erik Gershwind details how his company pivoted from being a legacy spot-buy company to becoming a mission critical partner for its customers.
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Bennett will join Beacon in the newly created role of chief commercial officer (CCO) in June.
Beacon swings to a profit of $22.1 million in 1Q after a loss of $22.4 million the year prior.
Fastenal reported daily sales for the month also were up 1.2%, but safety sales dropped by 40.9% compared to a year ago.
Dallas-based Builders FirstSource said the large increase in net sales was driven in part by deal to buy BMC Stock Holdings, which closed earlier this year.
Arrow Electronics’ 1Q profit totaled $206.32 million compared to $49.50 million in the same quarter a year ago.
Emerson’s underlying sales were up 2%, while acquired assets and currency translation had 1% and 3% of positive impacts on sales.
