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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.
The deal will add more than $260 million in projected 2026 revenue and expand Xylem’s portfolio of engineered pumping technologies for industrial and municipal applications.
The Central Texas construction supplies distributor becomes White Cap’s fifth announced acquisition of 2026, following deals spanning the Midwest, Southwest and eastern U.S.
The fasteners, specialty wire & cable and industrial products provider has made a series of appointments and promotions spanning corporate development, finance, sales, operations, value-added services and its Canadian business. We detail them all here.
