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Breaking news in Wholesale Distribution
Building materials distributor QXO’s second-quarter sales reached $3.25 billion, including $595 million from newly acquired Kodiak Building Partners.
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Pipe, valve and fittings master distributor Midland Industries appoints Mark Roszkowski to its top post.
ADI reported $1.286 billion in second-quarter revenue, up 1% year-over-year, while standalone adjusted EBITDA declined 6%.
Applied ended fiscal 2026 with its strongest organic growth in more than three years and raised its intermediate targets to $7 billion in sales and a 14% EBITDA margin.
The Producer Price Index for final demand was unchanged in July, as declines in goods prices offset increases in services and construction.
Consumer inflation rebounded modestly after June’s sharp decline, while annual headline and core readings both continued to ease.
Two longtime HD executives will oversee Decker's CEO duties during his absence, with the news coming two weeks after the company reorganized leadership to accelerate contractor market share gains.
The deal marks a major geographic expansion into five new states for Parts Authority, one day after it announced the opening of a large Mississippi distribution hub.
An 11-year Wesco/Anixter leader will direct Wesco’s worldwide channel strategy for converging technologies, working with its largest global integrators across security, pro A/V, networking and related solutions.
