Distribution Strategy Group

Best most recently was president and chief operating officer of Coborn’s Inc., a Minnesota-based grocery retailer.

For the full fiscal year 2025, Cardinal Health’s revenue totaled $222.6 billion, down 2% from $226.8 billion in fiscal 2024.

Lev Peker joins DFS from the automotive aftermarket sector, where he led PartsID and CarParts.com.

The threat of a recession also eased, with only 36% of CEOs expecting one within 12 to 18 months.

ODP’s business solutions division, which serves mid-sized and large companies, generated $859 million in revenue in the quarter, a 6% decline from last year.

Financial terms were not disclosed, and the transaction remains subject to regulatory approval and customary closing conditions.

US Foods confirmed recent reports that it had approached rival Performance Food Group about a potential merger, though PFG has not shown interest.

Graybar’s robust performance was supported in part by ongoing upgrades to its operations, including an initial rollout of a new enterprise resource planning system.

The U.S. pharmaceutical segment, McKesson’s largest, posted $90 billion in revenue, up 25% from a year earlier.

Stellar Industrial Supply distributes more than 90,000 MRO products and tools from over 1,500 brands across 18 regional hubs in the U.S.