It follows the toolmaker having a new CEO at the start of October.
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The distributor posted its fifth straight month of double-digit daily sales gains despite a soft demand backdrop and topped analysts’ expectations, powered by acceleration in heavy manufacturing.
Distributors are leaving massive amounts of cash trapped in operations. This article breaks down where working capital gets stuck — and how automation and AI can accelerate invoicing, collections and supplier management to unlock liquidity and strengthen 2026 growth planning.
The fasteners master distributor added a 28-year industry veteran who has led Optimas' Americas operations since 2015.
The association says the state’s law is driving unexpected and unsustainable costs for businesses across the interstate supply chain.
As distributors expand and diversify, compliance risks are ever-present and can result in operational disruption if due diligence is overlooked. Here, we discuss what’s at stake for the industry on this front and how MDM’s Dec. 11 webcast is set to tackle this issue head-on.
HD provided details on GMS' early returns upon its September acquisition, as well as longer-term results and outlook for SRS alongside broader Pro performance.
Gibraltar’s residential business is expected to generate over 80% of the company’s revenue once the deal closes.
Strong sales continued in July-September, during which the company completed another acquisition before two more in October-November.
Comprised essentially entirely of legacy Beacon, top-line sales narrowly trailed those of a year earlier, while adjusted EBITDA margin improved sequentially.
It was the fourth straight month that Fastenal saw its daily sales rate grow by double digits year-over-year, powered by pricing actions in Q2-Q3 of this year.
The company saw modest year-over-year revenue growth at both its ADI and P&S business units.
The exterior doors, windows and other building products maker and distributor will cut about 850 jobs in North America as it looks to simplify its portfolio.
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Recent M&A, new business and pricing helped generate the highest quarterly net sales and adjusted EBITDA in the distributor's 61-year history.
October's decline negated September's gain, as weakness in production more than offset modest gains in all four demand subindexes.
The acquisition of the thermal management manufacturer will add expertise in liquid cooling for data centers and other markets.
Set to jettison its U.K. operations, the MRO distributor lowered its full-year sales outlook but raised margin expectations. Get all the key figures here.
DSG delivered solid organic expansion in its MRO and OEM sectors, while recent acquisitions continue to deliver on top-line growth.
Builders FirstSource’s third quarter reflected another sharp sales and earnings decline amid soft single-family starts and commodity pressure.