The month's production figure narrowly trailed Wall Street economists' expectation.
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Oceanside is a rigging and mooring products based in Dartmouth, Nova Scotia, with a second location in Mount Pearl, Newfoundland.
The electrical distributor has gone from hometown seller to a regional leader, and has stayed busy in its centennial year.
CEO Ted Decker noted a weather-delayed start to spring and continued softness in certain larger discretionary projects.Â
It illustrated sticky inflation that is likely another roadblock to the Federal Reserve making interest rate cuts anytime soon.
GPT-4o is a faster but still free model for all ChatGPT users.
It gains Macomb a 66-year-old, two-location distributor of PVF, bathroom and kitchen fixtures and HVAC equipment.
March orders typically see a large bump, as many sector manufacturers end their fiscal year at the end of the month.
1Q U.S. sales actually increased 2% year-over-year, driven by DNOW's acquisition of Whitco Supply that was completed during the quarter.
NTS will operate as a division of Abrasives & Tools of N.H.
The new initiative aims to build the PT/MC talent pipeline.
Gross margin had a modest annual improvement, while EBITDA shrunk.
The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
It's already the ninth deal announced by Imperial Dade in 2024.
Month-to-month, sales were down in seven of the 10 durable goods categories that the Census Bureau tracks.
It set a new AD record for revenues in the first three months of the year.
The fasteners and industrial supplies distributor's 1Q acquisition of Koch Industries helped drive top-line sales growth.
Ahead of Resideo's major acquisition of Snap One that will signficantly expand ADI, the unit saw 1Q volume declines in several categories.
Year-over-year sales turned positive after a prolonged period of decline, while margins, profit and EBITDA all were down.
It’s set to push the distributor’s U.S. datacom and datacenter sales to over $1 billion annually.
