Ferguson's February-April quarter was highlighted by accelerating sales growth, improved margins and a raised full-year guidance, driven by strong U.S. performance.
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Heusinkveld and Cavossa come to F.W. Webb as the wholesale supplier makes other significant additions to its leadership team.
APR Supply appointed a new President to lead strategic growth, following the opening of its new corporate office in Lancaster, PA.
Industrial Sales is a distributor of drainage pipes and fitting, offering a range of products, including PVC pipes and fitting, water and sewer systems and more.
Combined, the three acquired companies add about $47 million in aggregate revenue.
Ray Andrews will support the St. Louis, MO-based distributor's ongoing expansion and customer-centric business solutions.
Annual sales growth for 12 months through March also increased for HVAC distributors a part of HARDI.
Watsco reported softer first-quarter results as it navigates a product transition driven by new regulations impacting over half its sales, but showed healthy margin performance.
Lennox is expanding its distribution and training infrastructure in the Dallas-Fort Worth area with new facilities to support growth and enhance customer experience.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Based in North Carolina, CTC Supply is a distributor of HVAC equipment, parts and supplies, offering a range of brands, including Honeywell and DeWalt.
The company launched its "Town Shares" employee ownership program, empowering team members to share in the company's long-term success and growth.
Ferguson reported a solid sales increase in its November-January quarter, driven by organic and acquisition growth, offset by commodity price deflation and lower operating margins.
January had a modest sales increase, continuing growth following December’s spike.
Based in Ohio, Mined XAI offers businesses explainable AI solutions to address various challenges, specializing in fleet management, risk modeling and more.
Operations in the company's five primary industries will maintain the brand identities its customers have come to know.
The Ferguson Home Brand offers a “seamless omnichannel brand” experience for kitchen, bath, lighting and home improvement products.
Parts Town Unlimited announced a record sales increase for 2024, driven by growth across all divisions.
First Supply CEO warns that expiring tax provisions from the 2017 Tax Cuts and Jobs Act could threaten small businesses, jobs and community investments.
