DXP 3Q Sales, Profits & EBITDA Continue Strong Growth
The company’s 3Q YoY sales growth of 8.2% was a considerable slowdown from 2Q’s 16.4%, but still considered strong.
DXP 3Q Sales, Profits & EBITDA Continue Strong Growth Read More »
The company’s 3Q YoY sales growth of 8.2% was a considerable slowdown from 2Q’s 16.4%, but still considered strong.
DXP 3Q Sales, Profits & EBITDA Continue Strong Growth Read More »
The company’s sales were $888 million for the third quarter of 2023, which was 2% higher than the second quarter of 2023.
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The company estimated that net sales for the quarter were between $1.822 billion and $1.832 billion.
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The company’s 1.9% YoY growth in the third quarter was a significant slowdown from 2Q’s 10.2% growth.
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Beacon has expanded its branch footprint through nine acquisitions and the opening of 19 new greenfield locations this year.
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It’s another big week for industrial manufacturer’s financial reports. We recap the key figures for seven of them here.
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On a constant currency basis, sales decreased 7.8% year-over-year and decreased 2.9% sequentially, Avnet said in a news release.
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The company reported double-digit organic sales growth in commercial aviation, defense and space and process solutions.
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Net sales for the first quarter of the company’s fiscal year were $1.1 billion, an increase of 3.1% over the prior year.
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For 3Q 2023, sales in North America were $2.21 billion, an increase of 2.7%, while sales in Europe were $2.38 billion, an increase of 3.4%.
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For 3Q 2023, the company also reported a 9% increase in operating income to a record $257 million.
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For the third quarter, the company reported more than $1.84 billion in net sales, a 2.4% increase over the same period in 2022.
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Net sales for the quarter were down 3% from 2022, while net income attributable to Masonite dropped 18%.
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The company reported that fiscal 4Q net sales were $1.2 Billion, up 9.1% YoY and up 8.6% on an organic basis.
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Sales during the quarter were $428.0 million, a healthy increase over the $367.8 million reported during 2Q 2023.
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The company announced its 2Q earnings one day after saying it would be acquired by Clayton, Dubilier & Rice for $2.3B.
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The year-over-year growth was down from the 19% reported during the company’s 2023 first quarter.
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The company said that Aerospace/Defense sales were up 21.2%, while Industrial sales were up 4.7%.
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Despite strong numbers from the company’s Patient Direct segment, overall sales increased just 2.5%.
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It’s a big week for industrial manufacturer’s financial reports. We recap the key figures for four of them here.
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