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The index shows eight weeks of double-digit average declines and five consecutive weeks with declines in the mid-teens.
Caldwell Hart will be responsible for strategic procurement, operational purchasing and related services, reporting directly to Jayne Millard, chairman and co-CEO, and Kathleen Shanahan, co-CEO of the electrical and industrial distributor.
Profit for the year was $126 million, compared to $105 million in 2019.
The addition of Seger and Anderson-Helbling strengthens and broadens the breadth of talent and experience.
Revenue declines may be stabilizing.
David J. Wilson was most recently president of the Pumps Division of Flowserve Corporation, a provider of flow control products and services for the global infrastructure markets.
The company withdrew its full-year 2020 outlook on April 28, 2020, due to the uncertain impact of the COVID-19 pandemic and committed to provide monthly updates until it is better able to forecast future performance.
Combined net sales for the fiscal months of March and April (the first two months of the Company's fiscal third quarter) were $565.4 million, a decrease of 7.8% compared to the same period in the prior fiscal year.
Average daily net sales increased 0.2%.
