Amazon 1Q Sales Up 30.5%
Net product sales for Amazon totaled $57.5 billion in the quarter, up 27.2% from $41.8 billion in the year-ago period.
Amazon 1Q Sales Up 30.5% Read More »
News
Real U.S. GDP Up 6.4% in 1Q According to ‘Advance’ Estimate
The growth marks a steady improvement from the fourth quarter of 2021, when real GDP increased 4.3%.
Real U.S. GDP Up 6.4% in 1Q According to ‘Advance’ Estimate Read More »
Kimball Midwest Garners Learning Award
Kimball Midwest is among the 59 companies honored by the Chief Learning Officer’s 11th Learning Awards program.
Kimball Midwest Garners Learning Award Read More »
Lawson Products Sales Increase 13.8% in 1Q
The Chicago-based MRO distributor Lawson Products also saw its average daily net sales grow 15.6% as the company began 2021 with a bang.
Lawson Products Sales Increase 13.8% in 1Q Read More »
Applied Industrial Technologies Bounces Back in 3Q
After sales increase in the third quarter, Applied Industrial Technologies’ CEO is predicting an even better fourth quarter.
Applied Industrial Technologies Bounces Back in 3Q Read More »
United Rentals off to a Solid Start in 1Q
United Rentals’ net income was up 17% year-over-year in the first quarter as the company raised its full-year guidance.
United Rentals off to a Solid Start in 1Q Read More »
Avnet Sales Up 14.1% in Fiscal 3Q
Year to date, sales increased 6.2% to $14.3 billion for the Phoenix, Arizona-based electronics distribution giant Avnet.
Avnet Sales Up 14.1% in Fiscal 3Q Read More »
Census Bureau Releases Two Advance Economic Indicators for March
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories both increased in March.
Census Bureau Releases Two Advance Economic Indicators for March Read More »
MRC Global Reports Q1 Loss of $3 Million
Despite the loss, MRC Global posts a 5% sequential revenue increase in Q1 over the previous fourth quarter.
MRC Global Reports Q1 Loss of $3 Million Read More »
Graybar’s Sales Up 7.2% in 1Q
The company also saw net income grow 120.6% compared to 2020; both revenue and profit were records for the electrical distributor.
Graybar’s Sales Up 7.2% in 1Q Read More »
Atlas Copco’s 1Q Sales Up 4%
Profit for the Swedish manufacturer Atlas Copco increased 7% over the prior year.
Atlas Copco’s 1Q Sales Up 4% Read More »
Beacon Names McDevitt as EVP and Chief Human Resources Officer
McDevitt will take the CHRO reins from Harrison, who is departing Beacon later this quarter.
Beacon Names McDevitt as EVP and Chief Human Resources Officer Read More »
ABB’s Sales Increase 11% in 1Q
The electrical giant reported profit of $502 million, a 34% improvement when compared to the year-ago period.
ABB’s Sales Increase 11% in 1Q Read More »
3M Posts Higher 1Q Profits as Sales Spike Across All Sectors
Increase in revenues led by 3M’s Safety and Industrial division where total sales were up by 13.7%.
3M Posts Higher 1Q Profits as Sales Spike Across All Sectors Read More »
Hisco Acquires Shurmed Health
Acquisition of specialty adhesive solutions manufacturer expands Hisco’s national converting and fabrication capabilities.
Hisco Acquires Shurmed Health Read More »
Womack Electric Supply President Announces Retirement
Burke Herring will be retiring after nearly four decades of service with the electrical distributor.
Womack Electric Supply President Announces Retirement Read More »
SRS Distribution Opens Nine New Locations
Greenfield locations will play a key role in SRS Distribution’s expansion plans in 2021.
SRS Distribution Opens Nine New Locations Read More »
Advance Report: New Orders for Durable Goods Up 0.5% in March
Manufactured durable goods have increased 10 out of the last 11 months, with February the only decline in nearly a year.
Advance Report: New Orders for Durable Goods Up 0.5% in March Read More »
US LBM Holdings Opens New Roofing and Siding Location in Paterson, NJ
The new location compliments US LBM Holding’s existing roofing and siding site in Newark.
US LBM Holdings Opens New Roofing and Siding Location in Paterson, NJ Read More »
Electric Supply Partners with PE Firm Supply Chain Equity Partners
SCEP’s investment in the Florida-based electrical distributor marks its 44th distribution investment since 2007.
Electric Supply Partners with PE Firm Supply Chain Equity Partners Read More »
