The 2020 Mid-Year Economic Update_long

Applied Industrial’s Fiscal 2019 Sales Up 13%

Fourth quarter sales fell 1.7% over 2018.

Industrial distributor Applied Industrial Technologies (NYSE: AIT), Cleveland, Ohio, reported sales of $882.7 million in its fiscal fourth quarter ended June 30, a decrease of 1.7% compared with the same quarter a year ago. Net income for the quarter was $39.8 million, compared with $40.4 million in the fourth quarter of fiscal 2018.

Applied reported full-year sales of $3.5 billion, up 13% compared to a year ago. Net income for the year was $144 million compared with $141.6 million in the prior-year period.

Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.