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Amazon.com, Inc. (NASDAQ:AMZ) reported sales net sales increased 20% to $280.5 billion, an increase of 22% compared with 2018. Net income increased to $11.6 billion compared with net income of $10.1 billion in 2018.Â
Winsupply Inc., Dayton, Ohio, has opened Quad Cities Winwater, serving waterworks and utilities contractors in the Quad Cities including eastern Iowa and northwest Illinois.
Ron Port, currently vice president and president of the Infrastructure segment, will become vice president and CCO, metal cutting business segments.
The company reported that organic sales were down 1%.
For the fourth quarter, sales were $2.1 billion, a year-over-year increase of 4%.
The distributors fourth-quarter sales rose 3% to $2.8 billion.
The 4Q19 Baird Industrial Distribution Survey reveals a high percentage of companies that are focused on revamping their sales processes for the year ahead. They will invest more in skills training, improve digital marketing efforts and increase outside sales coverage.
