The company added $780 million in combined revenue from acquisitions during its fiscal 2023, which ended July 31. Find a recap of the distribution giant's financials.
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Despite some uncertainty about what's to come in 2024, 87% of NetPlus Alliance distributor members remain "mostly optimistic."
Strong member sales were seen across 6 product categories: Janitorial, Safety, Industrial, Restoration, Packaging, & Public Safety.
Fastenal reported its August 2023 sales information, which showed net and daily sales were up 3.6% compared with the same period in 2022.
The 2Q period follows the company's February-April period, in which sales slid 1.5% YoY and increased 49.2% sequentially.
The announcement comes just a few short days after the company published its inaugural sustainability report.
Lowe's reported net earnings of $2.7 billion and diluted EPS of $4.56 for the second quarter, compared to diluted EPS of $4.67 in 2Q 2022.
DSG, which just acquired Hisco, said the stock split demonstrates continued confidence in its long-term growth and financial performance.
The company said that fourth-quarter sales of $6.6 billion exceeded guidance and were up 2.9% year-over-year.
Lumber deflation and a wet start to spring drove a dip in Home Depot's sales, just as it did in the first quarter.
The distributor also announced a new leader for its Industrial Parts and Engineered Repair Services segments.
Net sales for the quarter were down 3% from 2022, while net income attributable to Masonite dropped 18%.
The company reported that fiscal 4Q net sales were $1.2 Billion, up 9.1% YoY and up 8.6% on an organic basis.
Sales during the quarter were $428.0 million, a healthy increase over the $367.8 million reported during 2Q 2023.
Net sales in 2Q 2023 decreased 3.6% to $380.0 million, compared to $394.1 million in the prior-year quarter.
The company announced its 2Q earnings one day after saying it would be acquired by Clayton, Dubilier & Rice for $2.3B.
The year-over-year growth was down from the 19% reported during the company's 2023 first quarter.
The company said that Aerospace/Defense sales were up 21.2%, while Industrial sales were up 4.7%.
Despite strong numbers from the company's Patient Direct segment, overall sales increased just 2.5%.
The company reported its July sales figures, which showed net and daily sales were up 3.7% compared with the same period in 2022.
