Buying and marketing group Affiliated Distributors (AD) reported growth in the first three months of 2022 across member sales, member purchases from AD supplier partners and net distributions.
Member sales were $17.2 billion across its 13 divisions and three countries, up 35% over the prior-year period. Same-store sales were up 27%. Purchases by member companies from AD supplier partners were up 35% to $4.46 billion, and net distributions to its members were up 61% to $347.5 million.
“We are excited to announce a strong start for AD this year, coming on the heels of a record-breaking 2021. As we recognize our members and suppliers that kept up last year’s momentum, giving us confidence in another successful year, we welcome our new members who align with our commitment to outperforming the market,” AD Chairman and CEO Bill Weisberg said.