Genuine Parts Company reported modest second-quarter sales growth but lowered its 2025 outlook due to U.S. tariffs and ongoing market uncertainty.
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Fastenal posted its strongest monthly sales growth since early 2023, with June daily sales up year-over-year amid solid gains across key markets. See our full breakdown of the company’s June and 2Q results.
The company reported a year-over-year sales decline but sequential improvement, and its March achieved the company's best average daily sales in 19 months.
Distribution Solutions Group has named a new CEO for TestEquity, effective July 14, as part of a planned leadership transition.
Valued at $1.5 billion, the deal is set to result in a PVF and industrial supplies distributor with a combined revenue of around $5.4 billion and more than 350 locations worldwide.
The London-based MRO parts distributor said the launch is in response to customers in Europe who voiced an increasing need for clearer insight into the factors impacting factory uptime and long-term performance.
Genuine Parts Company named a new President of North America Automotive, effective August 2025, as part of a planned leadership transition.
Our highly anticipated annual feature is now available to view and download. Explore our 20 different lists to see distribution’s biggest movers and shakers.
The company's daily sales considerably accelerated in May, with improved momentum across top end markets and customer segments compared to April. Seen our full breakdown of the monthly figures here.
Motion has opened its first Canadian Conveyance Solutions shop in Calgary to expand service capabilities across Western Canada.
Fastenal’s April sales growth slowed slightly after a strong March surge, signaling a potential cooling in demand across top segments and national accounts. See our full breakdown of the monthly figures.
Grainger appointed a new CHRO to lead its HR strategy and support continued growth, effective April 28.
The master wholesaler adds a provider of products specializing in MIG, TIG, plasma, osy-fuel and stick welding styles.
The MRO, OEM and industrial technologies distributor posted year-over-year 1Q gains in sales and EBITDA, driven by both organic and acquisitive growth.
The MRO distributor’s High-Touch Solutions segment logged a modest year-over-year sales decline, while Endless Assortment saw double digit growth.
Performance was "significant" given the soft start in January and was led by Indoff and the Global's largest strategic accounts.
The distributor announced an upcoming two-for-one stock split, marking Fastenal's ninth split in its history and first since 2019.
Though comparable sales declined year-over-year, the gap narrowed sequentially as EBITDA margin had a considerable jump from 4Q.
Fastenal posted its strongest monthly sales growth since early 2023, with March daily sales surging year-over-year despite margin 1Q margin pressure. See our full breakdown of the company's March and 1Q results.
R.S. Hughes announces the retirement of CEO Bill Matthews and the appointment of a new president who will report directly to the board.
