Asia has reported its fourth consecutive quarter of year-over-year sales growth for electronic components distributor Avnet.
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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.
Buying group AD reported record first-half 2025 sales, driven by new members from its 2024 merger with IMARK Electrical and increased supplier purchasing.
Watsco delivered company-record 2Q gross profit despite a slight dip in sales, driven by tech-driven strategic pricing and other initiatives.
The company's two product segments saw year-over-year sales growth, but gross margin, net profit and EBITDA all declined.
Core organic sales had another mid-single digit decline year-over-year while net profit sunk by nearly half from a year earlier.
Four acquisitions in 2024 drove a double-digit sales year-over-year sales increase at Distribution Solutions Group, but underlying organic growth also improved.
Wesco’s 2Q results show accelerating organic growth and surging data center sales, prompting the company to raise its full-year outlook.
The industrial and MRO parts distributor achieved company quarterly records for gross margin and operating profit as revenue improved throughout April-June period.
Stanley Black & Decker reported a modest year-over-year sales decline in 2Q, impacted by a slow outdoor season and tariff-related shipment disruptions.
MSC Industrial Supply named an interim CFO following the pending departure of Kristen Actis-Grande.
Rexel reported an increase in 2Q sales, driven by strong performance in North America that offset weaker results in Europe and Asia-Pacific.
Honeywell reported a healthy increase in overall 2Q sales and provided updates on its planned breakup into three independent companies.
Genuine Parts Company reported modest second-quarter sales growth but lowered its 2025 outlook due to U.S. tariffs and ongoing market uncertainty.
3M reported 2Q results with organic sales growth across all business units and improved margins, despite a slight decline in net profit.
Snap-on reported flat second quarter sales for 2025, with a slight decline in organic sales offset by favorable foreign currency gains.
UNFI expects a loss of sales from a June cyberattack but remains on track to meet its long-term financial goals ahead of schedule.
