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Net income for DXP Enterprises was $2.1 million, compared to $13.4 million in the year-ago period.
The company reported daily sales also up 2.6% versus a year ago based on strength in safety (38% growth).
Year-to-date, the goods and services deficit decreased $23.1 billion, or 7.8%, from the same period in 2019.
Veritiv, whose six-month sales dipped 20.6% year-over-year, saw its “ongoing efficiency programs and the temporary actions … to mitigate the impact of COVID-19 led to improved margins,” says CEO.
NOW Inc., which reported a loss of $30 million for the quarter and a loss of $361 million for the first six months of 2020, is enacting cost-reduction measures.
Amazon's new fulfillment center in Temple Terrace and new delivery station in Lutz will create hundreds of new full-time jobs
With trio of new DCs designed to "meet the changing delivery needs of our DIY and Pro customers," The Home Depot is committing to an additional 1,000 new jobs in Greater Atlanta area.
Jeffrey R. Lavers has been appointed executive vice president, Consumer Business Group, replacing Paul Keel.
Electronics distributor Avnet names Phil Gallagher as interim replacement for outgoing CEO Bill Amelio and also announces preliminary fourth-quarter financial results.
Heating, Air-conditioning & Refrigeration Distributors International’s monthly TRENDS report shows a huge spike in HVAC distributors’ revenue, marking a “solid start for the cooling season,” says HARDI analyst Brian Loftus.
