Beacon's increase in sales was driven by higher prices and the contributions of acquired and newly opened branches in the last four quarters.
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During the quarter, operating income more than tripled and adjusted EBITDA increased by $8.4 million, or nearly 27%.
ADI Global's parent company Resideo says it expects market conditions to limit sales expansion opportunities in the back half of 2023
It's a big week for industrial manufacturer's financial reports. We recap the key figures for four of them here.
NOW's President and CEO said the distributor had the most profitable first half of the year since being a public company.
Wesco reported record second-quarter sales thanks to growth in two segments which offset a quarterly drop in its electrical business unit.
The deal marks the company’s fourth investment in the expansion of their integrated packaging division.
The company says net sales for 2023's second quarter were $816 million, a decrease of $423 million from last year.
Rancho has grown into a successful enterprise that provides customers with JanSan, foodservice and packaging products and services.
DuPont announced the acquisition during its 2023 second-quarter earnings call on Aug. 2.
RENO Hardware and Supply's locations in Riverside, Burbank and Signal Hill will become part of the White Cap suite of brands.
Major organic sales decline and deflation continued to slam the building products distribution giant in 2Q.
Excluding Global's $69 million acquisition of Indoff that closed in May, 2Q sales were down 5.2% year-over-year.
With budgets and action plans already looking to next year, Tom Gale examines how to identify where your team is today across the dimensions of people, sales process, technology and data analytics.
Electrical, communications and data networking products distributor Graybar’s net sales for the second quarter of 2023 totaled $2.8 billion,
Watsco's second-quarter sales were impacted by a wide-ranging regulatory requirement that took effect on Jan. 1.
It's a big week for industrial manufacturer's financial reports. We recap the key figures for six of them here.
Lower volumes and last year's oil & gas divestiture weighted down on revenue growth, while the company continued to slash inventories.
Fastener distributor Packer Fastener is opening a new location in La Crosse, Wisconsin, to serve customers.
After a rollercoaster first half to start 2023, mergers and acquisitions seem to have leveled off to begin the second half.
