The beverage alcohol distributor said the trim is primarily in positions of corporate and back-office functions.
Latest In Operations
The company completed six acquisitions during 4Q and closed on three since to complement continued robust organic growth.
Overall, the company saw healthy gains in 4Q and full-year revenue, margins and EBITDA. Get all the key figures here.
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
The U.S. Supreme Court struck down Trump's tariffs with a 6-3 decision, though the president hit back with a pledged new one on Friday before raising it a day later. Meanwhile, the potential refund process remains an open question.
The 11-year Continental veteran was previously VP of marketing and straegy for the company's Industrial Solutions Americas unit.
Meanwhile, the hardware products distributor’s annual sales hit a new company record.
Watsco's seasonally heavy 4Q reflected continued lower sales and volumes post-A2L transition, offset by higher prices helping to boost margins.
The company expects single- and multi-family starts to be flat across all geographies in 2026, with projected annual sales growth in line with that.
Wesco has filed a federal lawsuit against fellow distributor Eckart Supply and six former employees, alleging a coordinated effort to poach more than 30 workers, divert customers and misappropriate trade secrets to build a competing Georgia operation. Get all the key details and context here.
Each of Wesco’s operating segments continued to record organic sales growth.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
The ruling prevents Oregon’s Department of Environmental Quality from enforcing the Act against NAW Members until the court rules on the merits.
Gartner predicts gamification will become more widespread in large warehouses and distribution centers as labor shortages and turnover persist. Here's what the firm says that could look like in practice, and tips for deploying it.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Eaton announced plans to spin off its Mobility Group into a standalone public company, sharpening its focus on electrical and aerospace markets.
AIT added a like distributor with about $20 million in annual revenue, while encouraging financials led to raising the lower end of the company's guidance.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Stanley Black & Decker will return to a non-executive Chairman of Board effective Oct. 1.
