Builders FirstSource’s third quarter reflected another sharp sales and earnings decline amid soft single-family starts and commodity pressure.
Builders FirstSource Sees Sales, Margin & Profit Drop Again in 3Q Read More »
Reported and organic sales growth were robust in Q3, though gross margin and EBITDA margin had modest declines year-over-year.
Wesco 3Q Sales Surge on Data Center Demand as Margin Slips Read More »
Double-digit pricing actions continue to offset lower shipments of HVAC equipment that uses newly-mandated A2L refrigerants.
Watsco Posts Another Margin Advance in 3Q Despite Revenue Softness Read More »
The distribution sales transformation consultancy continues to round out its roster of industry veterans.
Revenue Optics Adds Former McKinsey Analytics Pro to Leadership Team Read More »
It moved the benchmark interest rate to its lowest mark in 3 years, but the lasting government shutdown prompts caution ahead of the next Fed meeting on Dec. 9-10.
Fed Issues Another Quarter-Point Cut as Shutdown Clouds Outlook Read More »
More than one-third of surveyed North American metalforming manufacturers expect weaker economic activity in the next three months, while less than 1 in 5 expect improvement.
Metalformers’ Expect Continued Challenges Amid Lower Shipping Levels Read More »
It was the fifth consecutive quarter of year-over-year sales growth in Asia for electronic components distributor Avnet, while its Americas sales returned to growth.
Asia and Farnell Drive Avnet’s 1Q Sales Increase Read More »
It will result in a combined company with about $6.5 billion in annual revenue, more than 160 locations and 6,300 employees.
Metals Suppliers Ryerson, Olympic Steel to Merge Read More »
The distributor said revenue growth was again driven by the company’s largest strategic accounts.
Global Industrial’s Solid Growth Continues in 3Q Read More »
Solve continues to roll up bolt-ons to expand its bearings and power transmission offerings.
Solve Industrial Inks its 3rd Acquisition of October Read More »
The new company, called American Water, will serve 4.7 million water and wastewater connections across 17 states.
American Water Works, Essential Utilities to Merge in $63B Deal Read More »
A major consolidation is reshaping the heavy-duty aftermarket as FleetPride and TruckPro join forces. The merger unites two industry leaders with expansive branch and service networks to create a national platform built for scale, technology integration and customer service growth.
A former Stanley Black & Decker, Allegion and Jeld-Wen executive is just the third president in the company’s 50-year history.
Door Hardware Supplier Top Notch Distributors Names New President Read More »
Double-digit sales growth continued alongside strong profitability in a quarter that saw Graybar record several notable achievements.
Graybar’s Strong Sales & Profit Growth Continue in Q3 Read More »
Pricing’s impact was double that of a quarter earlier, while Applied’s late 2024 acquisition of Hydradyne continues to drive major growth in the company’s Engineered Solutions segment.
Applied Sales & Margin Growth Accelerate as Pricing Ramps Up Read More »
The partnership’s hub-and-spoke model, with over 200 final mile locations, makes two-day warehouse delivery achievable across 98% of the U.S. population.
Essendant Inks Partnership to Boost its Warehouse Delivery Speed Read More »
The move expands Fastener Solutions’ footprint and capabilities in the Mid-Atlantic region.
Fastener Solutions Inc. Acquires RJ Fasteners in PA Read More »
Core consumer prices in the U.S. rose less than anticipated in September, driven by rising gas prices.
September Consumer Prices See Modest Increase Read More »
The new leader is a veteran of the construction and building supply distribution sector.
With New Ownership, Merit Distribution Group Gets a New CEO Read More »
The name change and branding showcases a depth of products beyond electrical supplies as well as a consultative approach and innovative solutions.
Werner Drops Electric from its Branding Read More »
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