The company’s strong quarter was primarily due to the impact of the completion of its merger with Tech Data from September 2021.
Latest In Earnings
The company reported $6.5 billion in sales for the quarter ending Jan. 31, as core strengths drove market share gains in supportive end markets.
The electrical, communications and data networking distributor reported 2021 net sales of $8.8 billion, a 20.7% increase compared to 2020.
The company reported nearly $531 million in net sales last month, compared to $437.7 million in February 2021.
The electrical and industrial distributor topped its market in 11 countries and registered roughly a million order lines per day.
SaaS provider Descartes Systems Group reported fiscal-year total revenues of $424.7 million, above prior-year revenues of $348.7 million.
Members report another strong month compared to the same period in 2021, but most respondents say sales were down from December.
The distributor also reported that 2021 year-end net sales increased 18.4% to $937.8 million, compared to $792.3 million in 2020.
The manufacturer of engineered and applied products reported 4Q and 2021 sales increased by 11.1% and 11.3%, respectively.
The distributor’s 2021 yearly net sales reached nearly $20 billion, while fourth-quarter net sales reached $4.6 billion.
The specialist international distributor says 2021 revenues increased 7.1% over 2020 when considering growth at constant exchange.
The MRO distributor says net sales increased to $102.1 million compared to $98.1 million for the fourth quarter of 2020.
The company reported 2021 fourth-quarter revenue of nearly $2.5 billion and total-year revenue of more than $9.7 billion.
The company also reported 2021 fourth-quarter net earnings of $1.2 billion and diluted earnings per share of $1.78.
The world's largest home improvement retailer also reported 2021 year-end sales of more than $151 billion, a 14.4% increase.
The water treatment and sustainability provider says it will pay a regular quarterly cash dividend of $0.21 per share in May.
The manufacturer and distributor of interior and exterior doors says annual sales were 15% above 2020, while 4Q sales rose 2.8%.
Genuine Parts Company also reported 2021 fourth-quarter sales of $4.8 billion, a 13% increase over the same period in 2020.
US Foods Holding Corp. reported 2021 fourth-quarter sales of $7.6 billion and year-end sales of $29.5 billion.
The Roswell, Georgia-based landscape company also reported 2021 year-end net sales of $3.48 billion, a 29% jump over 2020.
