AD Members’ 1Q Sales Up 7% Year-Over-Year - Modern Distribution Management

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AD Members’ 1Q Sales Up 7% Year-Over-Year

It set a new AD record for revenues in the first three months of the year.
Three month report press release

Contractor and industrial supplies buying group AD reported that its member sales in 2024’s first quarter were $19.5 billion across AD’s 14 divisions and three countries — a group record for the first three months of the year that was up 7% year-over-year.

Wayne, PA-based AD said that same-store member sales increased by 3% year-over-year in the U.S., 2% in Canada and 5% in Mexico, in local currencies. Member purchases from AD suppliers grew 2% to $4.7 billion.  

The group noted that 71 new members joined AD during 1Q24, including 50 that joined as part of AD’s merger with Edge Group, which became effective Jan. 1 of this year. AD members also acquired another 10 companies outside of AD.  

“Our community of independent distributors remains focused on growth and enhancing their already strong positions within their local markets,” AD Chief Executive Bill Weisberg said in a May 6 news release. “The AD team and I are pleased to be making a positive difference in the success of our dedicated owner/members and our supplier partner companies.”

AD brands itself as the largest contractor and industrial products wholesale purchasing cooperative in North America. Its 900+ independent owner/members span 14 divisions, with combined annual sales exceeding $75 billion. AD’s divisions cover industries including electrical, industrial, safety, bearings and power transmission, plumbing, PVF, HVAC, decorative brands and building materials.

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