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July’s monthly figure decelerated slightly from June.
June total was up 4.3% vs May, but the first half of 2024 still remains down 11% year-over-year.
The industry veteran joins Global with over 20 years of strategy and marketing experience, most recently at Resideo.
The distributor’s recent acquisition of Snap One accounted for $45 million of the company’s 2Q sales of $959 million.
It follows recent announcements from the retailer regarding its positioning and friction between its shareholders and leadership board.
Gross margin and adjusted EBITDA likewise both improved year-over-year.
Jeff Poulos joins the fasteners distributor's executive team.
After a May increase, Government data indicated that sales fell month-to-month but rose year-over-year in June.
The distributor said recovery from the fall 2023 cyberattack has been slower than expected, which continues to weigh on sales growth.
As its 13th U.S. DC, it's the first for Dot to open with a Family Heath Center.
