LFG expands into the Southeast U.S. with its fifth operating division, Alabama based-Halsey Foodservice.
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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.
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.
The distributor said recovery from the fall 2023 cyberattack has been slower than expected, which continues to weigh on sales growth.
As its 13th U.S. DC, it's the first for Dot to open with a Family Heath Center.
He faces felony charges after conspiring with competitors to fix prices for rebar in the Puerto Rico market.
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.
ORS Nasco's ownership changes hands from one private equity firm to another.
Sales sequentially decelerated in 4Q during what the company cited as challenging market conditions.
D&L enhances its position in the mid-Atlantic and Southeast market with the addition of 11 new locations.
Harrington expands its footprint in the Midwest and Gulf Coast with the acquisition of Oklahoma-based Cortrol.
