For the full year, Applied Industrial Technologies’ total 2021 fiscal sales were $3.24 billion, a decrease of 0.3% compared to last year.
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DXP Enterprises’ net income for the second quarter was $8.1 million compared to $2.1 million for the prior-year period.
In the fourth quarter, Avnet’s profit totaled $85.36 million compared to $52.16 million in last year's fourth quarter.
Resideo’s net income for the second quarter was $58 million compared to a net loss of $76 million in the second quarter a year ago. Â
In the second quarter, US Foods posted earnings 58 cents per share compared to a loss of 25 cents per share a year ago.
Air Products’ net income for the quarter rose to $533.6 million, which was up over 19% from the previous year.
Sales for the Canadian distributor increased 8.2% in the first six months of 2021.
The electrical, communications and data networking products distributor also posted a 115.9% increase in profit to $80.1 million.
Bearings manufacturer RBC Bearings did see its profit grow 14.6% in the period.
Beacon also reported a third-quarter profit of $70.5 million, compared with a $12.7 million loss in the year-ago period.
Arrow reports that global sales of electronic components and solutions increased 40% to $6.6 billion.
Fastenal’s reported daily sales for the month were up 9.7% versus a year as its sales mix continued at its normal levels.
Dallas-based building materials distributor Builders FirstSource, still riding the momentum of its merger with BMC Stock Holdings, reported another strong quarter.
The company again benefited from its $4.5 billion acquisition of Anixter International Inc. in 2020, with revenue spiking 120.2%.
Trane reported bookings of $4.4 billion in the second quarter, which was a 34% increase year-over-year.
NOW Inc. also narrowed its loss in the period, signaling a rebound for the industrial distributor, which had been hit especially hard by the pandemic.
Global Industrial Co. reported profit grew 37.9% to $21.1 million as the company another strong period.
AmerisourceBergen said the increase was largely driven by a 13.2% surge in the company’s Pharmaceutical Distribution Services revenue.
SiteOne’s net income increased by 56% year-over-year to $123 million in 2Q while gross profit increased 36% to $388.2 million.
Building materials distributor BlueLinx Holdings also reported a profit of $113.5 million for the quarter.
