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The company reported its July sales figures, which showed net and daily sales were up 3.7% compared with the same period in 2022.
Beacon's increase in sales was driven by higher prices and the contributions of acquired and newly opened branches in the last four quarters.
During the quarter, operating income more than tripled and adjusted EBITDA increased by $8.4 million, or nearly 27%.
The deal expands Thomas Scientific's distribution centers in the Northeast, furthering the ability to assist cleanroom production customers.
The acquisition of OLM will expand Performance Food Group's foodservice distribution offerings for customers in multiple market segments.
ADI Global's parent company Resideo says it expects market conditions to limit sales expansion opportunities in the back half of 2023
New orders for manufactured goods in June — up 6 of the past 7 months — increased $13.4 billion or 2.3%.
It's a big week for industrial manufacturer's financial reports. We recap the key figures for four of them here.
It brings together two long-time, family-owned members of the roofing supply industry in Ontario.
Roofing and building products distributor ABC Supply Co. has grown it Canadian presence by acquiring Cedar Grove Roofing Supply.
