The 2020 Mid-Year Economic Update_long

AD Members Sales Increase 30% in First Half of 2020

Purchases by member companies from AD supplier partners were up 34% over the same period.
AD new logo

Wayne, Pennsylvania-based buying group AD on Monday announced sales in the first six months of 2021 were $28.1 billion, which marked an increase of 30% across its 13 divisions and three countries. Same-store sales were up 17%. Purchases by member companies from AD supplier partners were up 34%. Net distributions to its members increased by 37%.

“The exceptionally strong results we’re experiencing in the first half of 2021 are setting the stage for a record-breaking year,” AD’s Chairman and CEO Bill Weisberg said. “When we see growth in member purchases from AD suppliers outpacing total sales, it serves as a powerful indicator that our community of members and supplier partners finds great value from preferentially supporting each other.”

A year ago, AD announced member sales across all of its divisions and countries were down 6% to $21.6 billion for the first six months of 2020 compared to the same period a year ago. The decline was driven by a 13% dip during Q2.

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.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

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

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 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

1

article
left

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 mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

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

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.