Preliminary figures show March was MSC's best sales month ever. Here's a recap of CEO Erik Gershwind's comments from a March 30 earnings call.
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MDM’s new report, Markets Forecast, offers quarterly revenue projections for the wholesale distribution industry, plus breakouts for select categories, for the current calendar quarter and the next fiscal year. The inaugural Forecast looks at post-pandemic projections for distributors as a whole, plus specific sectors.
MDM’s quarterly survey in partnership with investment banking firm Baird reveals that distributor revenues decelerated sharply in 2Q but not as bad as feared at the beginning of the pandemic shutdown. One consensus among more than 550 participants: Distributors began rethinking the way they manage talent.
Tool-Craft Industries will continue to operate as an independent entity under the leadership of Chet Wilson, its president.
Net income increases to $29.6 million during the quarter.
Fourth-quarter sales up 18.4%.
Year-to-date sales increased 17.4 percent year-over-year.
Manufacturer reports second-quarter sales of $3.6 billion.
Net income drops 30 percent in quarter.
Georgia-based metal service company serves customers in the Southeast.
Year-to-date sales up 25.2 percent compared to the prior year.
Fourth-quarter sales up 15.3 percent.
Fourth-quarter sales up 59 percent year-over-year.
Year-to-date sales up 50.9 percent year-over-year.
Year-to-date sales increased 12.1 percent year-over-year.
The acquisition expands AHBs range of machinery offerings and expertise.
Fourth quarter sales up 26.9 percent year-over-year.
Year-to-date sales up 47.1 percent year-over-year.
Year-to-date sales increased 12.1 percent year-over-year.
Current EVP of sales and development will retire.
