The company’s 2022 first-quarter results included ‘record’ sales of $288.6 million.
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The health care solutions company’s 2022 first-quarter announcement follows its $1.6 billion acquisition of Apria, Inc.
First-quarter 2022 sales were $1.46 billion, a 20% increase compared to the first quarter of 2021, the company says.
The average annual sales growth for the 12 months through March 2022 is 25.3% percent, the distributor group said.
MDM dives into the numbers and commentary that the MRO products giant shared during its first quarter earnings report.
The Michigan-based company says it increased 1Q net sales by 8.5%, with record sales in TriMas' Packaging group.
Growing demand for supply chain orchestration is ‘driving strong financial performance across our global business,’ CEO says.
The company reported 2022 1Q operating income was $12.1 million compared to operating income of $4.8 million in the prior-year quarter.
The industrial distributor reported 2022 first-quarter sales of $3.6 billion and operating earnings of $534 million.
The distributor of industrial motion, fluid power, flow control, automation and maintenance supplies had sales that neared $1 billion in the quarter and said April's growth was on a similar trajectory.
In what it called ‘record’ first-quarter results, Graybar reported a 116.5% increase in net income attributable to the company.
The Wisconsin-based manufacturer reported more than $1 billion in sales and a diluted EPS of $4.00 for the first three months of 2022.
The company's 1Q earnings and subsequent commentary shed light on several other factors driving growth at the MRO parts distributor besides its recent $1.3 billion acquisition of Kaman Distribution Group.
Miami-based HVACR distributor Watsco Inc. reported 34% sales growth to a record $1.52 billion for the first three months of 2022.
The water treatment and sustainability provider says its 2022 first-quarter sales were up 15% compared to the same period last year.
The company said net sales for the quarter were 33% above the same period in 2021, while operating income was $235.7 million.
Months after subsidiary Motion acquired Kaman Distribution Group, Genuine Parts Company reported record sales of $5.3 billion during the first quarter of 2022.
Fastenal's 1Q growth considerably outpaced that of a year earlier and the last "pre-COVID" quarter of 1Q 2020. Digital is the biggest driver. We examine the numbers here.
The distributor says 2022 first-quarter net sales were $1,704.1 million, up about $287 million over the same period in 2021.
The industrial technology company net sales of $909.1 million for the second quarter of fiscal 2022 ended February 28.
