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Veritiv’s sales for the first quarter were down 8.7% from the same quarter a year ago.
Landscape supply distributor SiteOne Landscape Supply Inc. also posted a profit of $7.4 million, up from a loss last year.
NOW Inc., which reported a loss of $10 million for the quarter, saw sales sink 40.2% in 1Q.
BlueLinx also reported a gross profit of $180 million compared to $93 million in the prior year period.
Systemax, the parent of Global Industrial, also reported first-quarter profit fell 33.7% to $5.5 million.
Year-to-date, the goods and services deficit increased $83.2 billion, or 64.2%, from the same period a year ago.
The addition of Carter & Verplanck will help DXP create a platform to scale its national water and wastewater efforts.
SiteOne announced its second acquisition of the month and fourth of 2021 by adding Melrose Irrigation Supply and Sales to its portfolio.
Building materials distributor Huttig Building Products Inc. reported first quarter net income of $8.1 million after posting a loss of $8.9 million in the first quarter of 2020.
Specialty building materials distributor US LBM Holdings expands presence in Texas and Oklahoma.
