Affiliated Distributors, Wayne, P.A., distributor, reported that total member sales for the first six months of 2022 were up 29% from the prior-year period to $36.1 billion. Total member sales were 56% ahead of their pre-pandemic level in 2019.
Don’t miss any content from Distribution Strategy Group. Join our list.
Same-store sales increased 22% over the first six months of 2021.
Purchases by member companies from AD supplier partners were up a record 31% to $9.81 billion. Net distributions to AD members were up 46% to $642.3 million. Net distributions per business unit were up 60% in Plumbing, Heating, Cooling and Pipe; 52% in Electrical & Industrial; 41% in Building Materials; and 18% in Canada.
“The numbers testify to the positive impact that our community’s independent but collaborative spirit has on all our businesses,” said Bill Weisberg, Chairman and CEO. “We are extremely pleased with another strong quarter of collaboration and positive results.”
The addition of AD Building Supplies – Canada as AD’s 14th division, as a result of AD’s merger with TORBSA Limited, will be reflected starting in AD’s nine-month financial report.