First-quarter 2022 sales were $1.46 billion, a 20% increase compared to the first quarter of 2021, the company says.
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The average annual sales growth for the 12 months through March 2022 is 25.3% percent, the distributor group said.
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Growing demand for supply chain orchestration is ‘driving strong financial performance across our global business,’ CEO says.
The industrial distributor reported 2022 first-quarter sales of $3.6 billion and operating earnings of $534 million.
The distributor of industrial motion, fluid power, flow control, automation and maintenance supplies had sales that neared $1 billion in the quarter and said April's growth was on a similar trajectory.
In what it called ‘record’ first-quarter results, Graybar reported a 116.5% increase in net income attributable to the company.
The Wisconsin-based manufacturer reported more than $1 billion in sales and a diluted EPS of $4.00 for the first three months of 2022.
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Miami-based HVACR distributor Watsco Inc. reported 34% sales growth to a record $1.52 billion for the first three months of 2022.
The water treatment and sustainability provider says its 2022 first-quarter sales were up 15% compared to the same period last year.
Months after subsidiary Motion acquired Kaman Distribution Group, Genuine Parts Company reported record sales of $5.3 billion during the first quarter of 2022.
Fastenal's 1Q growth considerably outpaced that of a year earlier and the last "pre-COVID" quarter of 1Q 2020. Digital is the biggest driver. We examine the numbers here.
The distributor says 2022 first-quarter net sales were $1,704.1 million, up about $287 million over the same period in 2021.
The industrial technology company net sales of $909.1 million for the second quarter of fiscal 2022 ended February 28.
Preliminary figures show March was MSC's best sales month ever. Here's a recap of CEO Erik Gershwind's comments from a March 30 earnings call.
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The St. Louis-based company also reported that fiscal 2021 fourth-quarter net sales were nearly $1.25 billion.
In its latest earnings report, the company reported fiscal 2022 second-quarter net sales of $862.5 million.
DXP Enterprises, Inc. reported 2021 sales of $1.1 billion after closing three acquisitions during the year.
