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Lowe’s second-quarter sales increased 8.3% year-over-year to $26 billion, while comparable sales increased with strength in its Pro, online and home services businesses.
Dustin Hauenstein joins the building materials distributor with more than 25 years of finance and accounting experience.
![Sabert Georgia DC Image 2[8]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/Sabert-Georgia-DC-Image-28-scaled-rs5fktj974715ctybqfleqxp0m8gcsqbb8mg00cptw.jpeg "Sabert Georgia DC Image 2[8]")
A new 300,000-square-foot distribution center to support growing demand throughout the Southeast represents one of the company's most significant recent supply chain investments.
The Texas-based electrical distributor promoted the long-time Rexel leader to "drive profitable growth and commercial excellence."
Manufacturing output increased month-over-month, while mining and utilities likewise posted modest gains. Get all the key figures here.
U.S. housing starts fell sharply in July following June’s rebound, with both single-family and multifamily construction declining. Building permits increased both month-to-month and year-over-year, while completions moved lower.
Fluid power distributor Motion & Control Enterprises adds scale to its growing Gulf Coast presence with its latest acquisition.
Foster Electric is an independent electrical supply distributor that has served Central Virginia for nearly 70 years.
The Home Depot’s 2Q26 sales were up 5.7%, with Pro segment comps outperforming DIY and SRS performing above the company average in the quarter.
Ancora suggests the acquisition of the adhesive maker's BAS segment would "position leadership to exit a segment that has lower margins in a highly fragmented market."
