KCP sales rose 12% in the company's North America region in 1Q.
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Following its record fiscal performance in 2022, Graybar again achieved record sales in 2023's first quarter.
The 6,000 impacted positions are in addition to the downsizing of 2,500 global manufacturing roles that 3M announced in January.
The company reported a 2% increase in sales over the same quarter in 2022 to a 'record' $1.55 billion.
Pool Corp experienced a decline in sales in 1Q 2023 due to seasonally unusual weather in some of its key markets.
The French electrical distributor said total 1Q 2023 sales across the globe increased 12.6% versus the same period last year.
Snap-on's 7.8% sales increase in 3Q was up from 4Q 2022’s year-over-year increase of 4.3%.
Motion, Genuine Parts Company's industrial segment, achieved sales of $2.3 billion in 2023's first quarter.
DXP's 38.6% year-over-year sales growth in 4Q followed 33.8% growth in 3Q.
The distributor said pricing's impact on 1Q sales was roughly half what it was in 2022's third quarter.
Double-digit year-over-year sales and profit gains continued for the distributor, for which eCommerce comprised 62% of quarterly sales.
The St. Louis-based waterworks and industrial supplies distributor posted record sales in its fiscal 2022 that ended in late January.
The electrical products distributor says it also completed 20 acquisitions and welcomed 2,100 new associates in 2022.
Enerpac has reported record gross profit margins and adjusted EBITDA margins since rebranding from Actuant in 2019.
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DXP made four acquisitions during 2022 and ended the year by raising $105 million in borrowings to fund further growth.
The financials included results for Varis, the company's new B2B marketplace launched during 2022's fourth quarter.
That included $430 million in revenue from Lawson Products, up 15.6% vs. 2021.
The company's income from operations for 2022 increased nearly 60% over the previous year, Graybar announced.
For all of 2022, revenue was $503 million an increase of 25% over 2021, Allied said in its recent earnings announcement.
