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The Home Depot’s 2Q26 sales were up 5.7%, with Pro segment comps outperforming DIY and SRS performing above the company average in the quarter.
Ancora suggests the acquisition of the adhesive maker's BAS segment would "position leadership to exit a segment that has lower margins in a highly fragmented market."
Kodiak Interiors Group, a stand-alone business spun-off of Kodiak Building Partners, now includes six operating companies serving customers across nine states.
Through 2028, the company will invest in R&D and efforts to strengthen its U.S. manufacturing footprint and new product development.
Building materials distributor QXO’s second-quarter sales reached $3.25 billion, including $595 million from newly acquired Kodiak Building Partners.
Pipe, valve and fittings master distributor Midland Industries appoints Mark Roszkowski to its top post.
ADI reported $1.286 billion in second-quarter revenue, up 1% year-over-year, while standalone adjusted EBITDA declined 6%.
Applied ended fiscal 2026 with its strongest organic growth in more than three years and raised its intermediate targets to $7 billion in sales and a 14% EBITDA margin.
The Producer Price Index for final demand was unchanged in July, as declines in goods prices offset increases in services and construction.
Consumer inflation rebounded modestly after June’s sharp decline, while annual headline and core readings both continued to ease.
