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United Rentals’ net income was up 17% year-over-year in the first quarter as the company raised its full-year guidance.
Year to date, sales increased 6.2% to $14.3 billion for the Phoenix, Arizona-based electronics distribution giant Avnet.
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories both increased in March.
Despite the loss, MRC Global posts a 5% sequential revenue increase in Q1 over the previous fourth quarter.
The company also saw net income grow 120.6% compared to 2020; both revenue and profit were records for the electrical distributor.
Profit for the Swedish manufacturer Atlas Copco increased 7% over the prior year.
McDevitt will take the CHRO reins from Harrison, who is departing Beacon later this quarter.
The electrical giant reported profit of $502 million, a 34% improvement when compared to the year-ago period.
Increase in revenues led by 3M’s Safety and Industrial division where total sales were up by 13.7%.
Acquisition of specialty adhesive solutions manufacturer expands Hisco’s national converting and fabrication capabilities.
