The company has named Darren Bonnstetter as its new chief executive officer. He succeeds John McNeill, who is stepping down,

Distribution Strategy Group
Articles by Distribution Strategy Group
In the first half of the year, DXP generated $975.3 million in total sales, up 13.7% from $858.2 million in the prior year.
While the merger took center stage, DNOW reported steady second-quarter and year-to-date financial results, reinforcing its ability to execute in a slower market environment.
Lead times for capital expenditure fell to 173 days in July, while the average lead time for MRO supplies decreased to 44 days.
For the full year, Avnet posted revenue of $22.2 billion, down from $23.8 billion last year.
Revenue at ADI Global Distribution jumped 33% to $1.28 billion, driven by continued demand from commercial customers and contributions from the Snap One acquisition.
CEO D.G. Macpherson notes that Grainger’s global presence has been key to minimizing the risks associated with tariffs.
“We invest in acquisitions with talented associates, unique product offerings, and established customer and manufacturer relationships,” said Ferguson CEO Kevin Murphy.
One bright spot was the company’s cloud-based technology services, which continued to grow steadily as more dental offices adopt modern practice management platforms.
The Dallas-based electrical distributor, part of the UK-headquartered City Electrical Factors, is now in its sixth consecutive year of growth in the region.
The deal marks SYSPRO’s third acquisition in 12 months, following the purchases of NexSys and riteSOFT, as the company continues to expand its capabilities.
KENDELL provides Division 8 and Division 10 building products and services to general contractors, architects, and building owners across the Midwest..
The company highlighted the growing impact of AI. More than 2,000 employees now use an internal AI assistant, Ask.Watsco.
For the fourth quarter, Sysco’s sales increased by 2.8% compared to the same period last year, totaling $21.1 billion.
For the first half of 2025, Grainger generated $8.94 billion in sales, up 5.7% from the same period last year.
Rising logistics costs, growth investments in its multi-family housing channel, and technology upgrades pushed expenses higher.
In the first half of 2025, total revenue reached $980.5 million, up from $855.6 million in the first half of 2024.
Wesco’s data center business crossed the $1 billion mark for the first time in a single quarter as AI fueled growth.
ADI, which distributes low-voltage security, fire, and audio-visual products, will become a separate company with its own management team and capital structure.
SiteOne completed the acquisition of Green Trade Nursery during the quarter and closed two more deals—Grove Nursery and Nashville Nursery—after the quarter ended.