1Q U.S. sales actually increased 2% year-over-year, driven by DNOW's acquisition of Whitco Supply that was completed during the quarter.
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Spain-based AUSA will complement Oshkosh’s JLG line of telehandlers and other material handling equipment.
Gross margin had a modest annual improvement, while EBITDA shrunk.
The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
AIS Industrial & Construction Supply is a single-location distributor, but its innovation in sales, marketing and eCommerce has outdone that of many larger industry counterparts. CEO Dale Hahs joins to discuss what AIS has been up to lately, what he's seen change in his 40 years with the company, and what he'd do differently in a career restart.
The fasteners and industrial supplies distributor's 1Q acquisition of Koch Industries helped drive top-line sales growth.
Ahead of Resideo's major acquisition of Snap One that will signficantly expand ADI, the unit saw 1Q volume declines in several categories.
Year-over-year sales turned positive after a prolonged period of decline, while margins, profit and EBITDA all were down.
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It was another deceleration as daily sales declined sequentially vs. March in all three of the company’s geographies and product lines.
Beacon's increase in residential and non-residential roofing product sales were primarily due to higher volumes driven by strong demand.
To improve lead time accuracy, Border States electrical supplies distributor will implement a AI-based prediction tool.
Machining components manufacturer Bishop-Wisecarver aims to expand its market presence in linear and rotary motion solutions.Â
While sales growth slowed sequentially, it was another record quarter for the electrical and industrial supplies distributor.
Growth in DEWALT and Engineered Fastening was more than offset by lower infrastructure volume and "muted consumer and DIY demand."
Lawson has acquired S&S Automotive, an auto and industrial parts supplier based near Chicago.
The company noted that volume declined year-over-year in all three of its business segments.
The building materials distributor saw healthy year-over-year and sequential improvements in gross margin.
Sales sequentially decelerated further amid what the company cited as economic softness and lower market demand.
