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Home Depot created an "Office of Pro Acceleration" to coordinate its expanding contractor-focused businesses, technology and fulfillment capabilities as it pursues a larger share of a $700 billion Pro market.
BLDR posted another quarter of broad sales and margin declines as housing affordability pressures weighed on single-family and multifamily construction. The distributor lowered its 2026 outlook while expanding cost actions and continuing to invest in value-added services.
The electrical distribution giant posted record sales and profitability across its portfolio, with data center growth again leading the way, while sharply raising its 2026 outlook and closing its Newark Engineering acquisition.
The headline figure came in below expectations as rising imports and weaker government spending weighed on growth, but a sharp acceleration in private domestic demand offered a considerably stronger underlying signal.
The Federal Reserve maintained its benchmark interest rate again, extending a pause that began in December. Three regional Fed presidents dissented in favor of raising rates as policymakers continued to emphasize elevated inflation.
SiteOne Landscape Supply posted higher second-quarter sales, profit and gross margin as acquisitions, pricing and commercial initiatives offset continued weakness in residential construction and repair-and-upgrade demand.
The manufacturer’s power tools and North American businesses returned to growth, while tariff refunds and productivity gains expanded margins and supported raised 2026 guidance.
The HVACR distributor posted modest sales and residential equipment volume growth as its A2L transition neared completion, while eCommerce sales continued to gain solid traction during the first half.
The major wine and spirits distributor entered bankruptcy after transferring most of its markets to competitors, closing facilities and accumulating hundreds of millions of dollars in unsecured supplier claims.
The distributor’s newest HVAC supply house expands its reach in North Carolina’s Triad region, continuing a busy year of greenfield openings, acquisitions and major distribution infrastructure investments.
