The water treatment company attributed the year-to-year growth to the performance of its two business segments.
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During 2022, AD’s membership grew to 866 separately owned independents across 14 divisions and three countries.
Full-year sales and revenue also increased 17% over the prior year, the heavy equipment maker said in a Jan. 31 announcement.
The company's fiscal 2023 1Q (October-December 2022) sales grew 6.7% year-over-year compared with 17.6% in 2022 4Q.
Kimberly Clark's Professional segment posted net sales of $800 million in 4Q.
Applied Industrial Technologies continued its strong start to 2023 with an impressive fiscal second quarter.
The PPE supplies and adhesives maker experienced slower-than-expected fourth-quarter growth in consumer-facing markets.
The 12.2% sales growth was the slowest monthly increase since July 2021, said HARDI Market Research & Benchmarking Analyst Brian Loftus.
Though solid, sales and profit growth were considerably smaller than the previous several quarters.
The distributor posted operating income of $116 million as it had yet another month with double-digit year-over-year quarterly sales growth.
It's the first time Zoro has reached $1 billion in sales over the course of a calendar year.
The company finalized its acquisition of Lanier Municipal Supply Co. Inc., while 3Q 2022 net sales increased 29.4% over last year.
Net sales increased 24.4% over the second-quarter of last fiscal year but were down from the 30.5% year-over-year increase in FY '23's 1Q.
Fastenal's daily sales growth this past month was slower than October but still outpaced Baird's projected output.
The Plumbing, HVAC and industrial products giant reported fiscal 1Q sales of roughly $7.9 billion, compared with $6.8. billion a year prior.
The company reported that year-over-year 3Q sales increased, but earnings dipped slightly from 2022's second quarter.
The company also reaffirmed its fiscal 2022 guidance, including comparable sales growth of approximately 3%.
The company reported fiscal 2023 second-quarter net sales of $369.2 million, and increase of 129.4% over last year.
The distributor's 33.8% year-over-year sales increase in 3Q follows a 28.7% annual increase reported in this year's 2Q.
The Canadian industrial distributor says it continued to see overall strength in its backlog, which increased to more than $558 million.
