Ferguson posts margin expansion and profit growth in its fiscal first quarter, even as residential end markets remained challenged.
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SK adds a like single-location distributor to grow its capabilities in the U.S. Northeast.
United stated its succession planning continues to demonstrate a clear commitment to employee-ownership, supported by a strong focus on training and development.
This is the second acquisition for SouthernCarlson in 2026.
The tuck-in deal nets Winsupply two locations and 18 employees serving East Texas.
The unexpected transition is effective immediately, and caused Pool Corp. to postpone its investor day event that was planned for May 12.
White Cap gains a nearly 60-year-old distributor with two locations serving the U.S. Southwest.
With the deal, Hubbell is set to add a significant segment of electrical components and wire management products to its portfolio as it targets growth tied to electrification, data centers and infrastructure markets.
The move will strengthen Singer's capabilities in conveyor system design, maintenance, and material handling solutions across key industrial markets.
Gates hopes to broaden its channel and application coverage, while Timken expects the move will improve margins.
ISM shared that 19% of the manufacturing sector’s GDP contracted in April, compared to 16% in March.
AD’s completed its merger with plumbing and PVF buying group The Commonwealth Group comprised the majority of 70-plus new member companies during the quarter.
After a flat 4Q25, Distribution Solutions Group saw an improved 1Q26 for top-line and organic sales growth, though profit and EBITDA margins tightened.
Existing backer KKR maintains majority ownership of the distributor, while Neuberger Private Markets now holds a minority stake.
Builders FirstSource opened 2026 with another year-over-year sales decline as weak housing starts, commodity deflation and lower operating leverage pressured margins and earnings, though acquisitions and share repurchases provided some offset.
Government spending and private investment increased sequentially, and AI-related spending helped drive strong growth in business investment in equipment and structures.
The company saw record 1Q sales and backlog while margins and EBITDA improved, leading to a raised full-year outlook.
It suggests solid growth for homebuilding throughout 1Q26 and into April.
The Fed held rates steady again on April 29, maintaining a wait-and-see stance on inflation. The decision likely marks Jerome Powell’s final FOMC meeting as chair, extending a prolonged pause with implications for distributor demand and investment.
The company pointed to continued broad end-market growth both year-over-year and sequentially, while pricing advanced primarily in memory-related products.
