QXO issued its first quarterly financial results since its $11 billion acquisition of Beacon at the end of April, with all key metrics topping analyst forecasts.
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Superior Plus posted a slight uptick in 2Q sales but saw EBITDA and gross profit decline, as seasonal trends and a California supply disruption weighed on margins.
The employee feedback-based 2025 Top Workplaces list is out, which includes a ranked subset for distribution companies, segmented by size. Five are on MDM’s 2025 Top Distributors Lists.
Cardinal Health reported steady fourth-quarter results and a stronger profit outlook for 2026, while expanding its specialty care platform with the acquisition of Solaris Health.
ODP Corporation reported lower 2Q sales due to declines in its Office Depot and Business Solutions divisions, but noted improving trends and growth in new customer segments. Meanwhile, ODP gave an updated on its expansion into the hospitality sector.
The U.S. Chamber of Commerce emphasized that the cost may be significantly more depending on in some cases.
Rockwell plans to invest $2 billion in manufacturing, talent and digital infrastructure to boost productivity and support global growth.
The heavy machinery distributor says it faces challenges due to macroeconomic softness and uncertainty related to Canada-U.S. trade relations.
Full-year sales were flat annually, but the company saw orders improve across all divisions in 4Q.
It was another strong quarter as Graybar celebrates 100 years in business throughout 2025.
The distributor completed two deals in the first half of the year and one right after, following seven in 2024.
Asia has reported its fourth consecutive quarter of year-over-year sales growth for electronic components distributor Avnet.
Both energy sector supplies distributors saw little movement year-to-year, but strong results compared to 1Q of this year.
The company's July report showed its first double-digit year-over-year daily sales growth month since January 2023 and another acceleration. How big a factor pricing played is unclear.
Parent company Resideo raised its full-year guidance after hitting a company record for 2Q sales.
The hardware products distributor's net sales increased to $402.8M, led by growth in the hardware & protective and robotics & digital product categories.
It took a year to finalize, but the deal doubles the size of Bosch's Home Comfort business, significantly expanding its presence in the U.S. and Asia.
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U.S. manufacturing activity contracted for a fifth straight month in July, as the PMI fell below expectations to its lowest figure since October 2024.
Buying group AD reported record first-half 2025 sales, driven by new members from its 2024 merger with IMARK Electrical and increased supplier purchasing.