Dallas-based Builders FirstSource said the large increase in net sales was driven in part by deal to buy BMC Stock Holdings, which closed earlier this year.
Latest In Earnings
Arrow Electronics’ 1Q profit totaled $206.32 million compared to $49.50 million in the same quarter a year ago.
Emerson’s underlying sales were up 2%, while acquired assets and currency translation had 1% and 3% of positive impacts on sales.
Year to date, Hillenbrand has seen sales grow 16.4% to $1.4 billion.
In the period, the company also reported a profit of $69.6 billion, up from a loss of $11.3 million in the year-ago quarter.
Veritiv’s sales for the first quarter were down 8.7% from the same quarter a year ago.
Landscape supply distributor SiteOne Landscape Supply Inc. also posted a profit of $7.4 million, up from a loss last year.
NOW Inc., which reported a loss of $10 million for the quarter, saw sales sink 40.2% in 1Q.
BlueLinx also reported a gross profit of $180 million compared to $93 million in the prior year period.
Systemax, the parent of Global Industrial, also reported first-quarter profit fell 33.7% to $5.5 million.
Building materials distributor Huttig Building Products Inc. reported first quarter net income of $8.1 million after posting a loss of $8.9 million in the first quarter of 2020.
Industrial distribution giant Grainger says its High-Touch Solutions (N.A.) segment sales were up 1.8%, and 3.4% on a daily basis versus the prior-year quarter.
Net product sales for Amazon totaled $57.5 billion in the quarter, up 27.2% from $41.8 billion in the year-ago period.
The Chicago-based MRO distributor Lawson Products also saw its average daily net sales grow 15.6% as the company began 2021 with a bang.
After sales increase in the third quarter, Applied Industrial Technologies’ CEO is predicting an even better fourth quarter.
United Rentals’ net income was up 17% year-over-year in the first quarter as the company raised its full-year guidance.
Year to date, sales increased 6.2% to $14.3 billion for the Phoenix, Arizona-based electronics distribution giant Avnet.
Despite the loss, MRC Global posts a 5% sequential revenue increase in Q1 over the previous fourth quarter.
The company also saw net income grow 120.6% compared to 2020; both revenue and profit were records for the electrical distributor.
Profit for the Swedish manufacturer Atlas Copco increased 7% over the prior year.