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Breaking news in Wholesale Distribution
The distributor opened dozens of new North American branches and a new Canadian fulfillment center as part of its busy 2024-2025 fiscal year. Here's a recap.
The National Association of Wholesaler-Distributors has challenged the constitutionality of a mandate which creates “unreasonable, arbitrary and crushing” burdens on distributors in Oregon. Get all the crucial details here.
JLS Lighting is a lighting and control solutions distributor serving commercial and industrial markets in Florida.
Cerro Brass is a distributor of brass components, serving the residential, commercial and industrial markets.
Watsco delivered company-record 2Q gross profit despite a slight dip in sales, driven by tech-driven strategic pricing and other initiatives.
The company's two product segments saw year-over-year sales growth, but gross margin, net profit and EBITDA all declined.
Core organic sales had another mid-single digit decline year-over-year while net profit sunk by nearly half from a year earlier.
Four acquisitions in 2024 drove a double-digit sales year-over-year sales increase at Distribution Solutions Group, but underlying organic growth also improved.
Wesco’s 2Q results show accelerating organic growth and surging data center sales, prompting the company to raise its full-year outlook.
U.S. wholesale inventories rebounded in June, despite expectations of a decline, as the trade deficit narrowed and retail inventories continued to grow.
