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Beacon swings to a profit of $22.1 million in 1Q after a loss of $22.4 million the year prior.
The MRO and industrial distributor DXP Enterprises Inc. did post a small profit in the quarter as the company continues to see challenges stemming from COVID-19.
Ever since completing the $4.5 billion acquisition of Anixter International Inc. almost a year ago, WESCO has benefited from favorable comps, which was again the case in 1Q.
Fastenal reported daily sales for the month also were up 1.2%, but safety sales dropped by 40.9% compared to a year ago.
Dallas-based Builders FirstSource said the large increase in net sales was driven in part by deal to buy BMC Stock Holdings, which closed earlier this year.
Arrow Electronics’ 1Q profit totaled $206.32 million compared to $49.50 million in the same quarter a year ago.
Deal will expand PrimeSource’s portfolio of specialty residential building products.
Emerson’s underlying sales were up 2%, while acquired assets and currency translation had 1% and 3% of positive impacts on sales.
Year to date, Hillenbrand has seen sales grow 16.4% to $1.4 billion.
In the period, the company also reported a profit of $69.6 billion, up from a loss of $11.3 million in the year-ago quarter.
