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Systemax, the parent of Global Industrial, also reported fourth-quarter sales jumped 23.3% to $273.9 million.
Lowe’s reports fourth-quarter revenue grew 26.7% to $20.3 billion.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 15 to Feb. 19 decreased 7.2%, the first decline in weeks likely due to inclement weather nationwide but especially in Texas.
Landscape supply distributor SiteOne Landscape Supply Inc. also reported that revenue grew 26% in the fourth quarter.
For the fourth quarter, the big-box retailer — and now the owner of distributor HD Supply — reported sales grew 25.1% to $32.3 billion.
Latest acquisition gives SiteOne its fourth dedicated nursery branch in the Houston MSA.
PPG completes addition of VersaFlex, a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring, transportation infrastructure and industrial applications