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Builders FirstSource Cuts Costs, Expands Digital as Housing Slump Hits Results
“The housing market remains weak as affordability challenges and muted consumer confidence continue to weigh on demand,” CEO Peter Jackson said on the company’s earnings call.
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Chefs’ Warehouse Growth Driven by Volume, Pricing and Market Share Gains
CEO Christopher Pappas said demand strengthened throughout the quarter despite external pressures.
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SiteOne Sales Hold Steady as Weather Delays Spring Season
SiteOne, the largest national wholesale distributor of landscape supplies in the U.S., reported a first-quarter loss of $26.6 million, compared with a loss of $27.3 million a year earlier.
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Cardinal Health Posts $60.9 Billon in Q3 Sales as Tariffs Cut into Profits
For the first nine months of fiscal 2026, revenue rose 17% to $190.6 billion from $162.4 billion in the same period last year.
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BigCommerce Parent Unveils Agentic Commerce Tools as AI Reshapes How Distributors Sell Online
The announcements mark a significant shift in how ecommerce platform providers are positioning their technology for B2B sellers, moving beyond catalog management and checkout optimization toward tools built for a world where AI systems, not human buyers, initiate, and complete transactions.
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Applied Industrial Sees Automation, MRO, And M&A Momentum Build
CEO Neil A. Schrimsher said orders, backlog and sales trends are improving after a prolonged period of delayed maintenance and capital spending.
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Augment Acquires AI Startup Merlin to Expand Deeper into Wholesale Distribution
Augment said Merlin has been collaborating with customers representing more than $20 billion in combined distributor revenue, including Ewing Outdoor Supply, Insco Distributing, Brooks Safety Solutions and Reece.
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Avnet Sales Rise 34% in Fiscal Third Quarter on Broad-Based Demand
CEO Phil Gallagher said sales and earnings exceeded expectations, citing demand across core markets and continued focus on cost control and inventory management.
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US Foods Launches Signature Program to Help Hospitality Operators Manage Costs and Labor
The company said the program is designed to help operators reduce waste, improve efficiency, and identify opportunities to increase traffic and bookings.
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Graybar Posts Record Profit as First Quarter Sales Rise 12.4%
Growth in the quarter was also supported by acquisitions. In March, Graybar acquired Broken Arrow Electric Supply, expanding its presence in Oklahoma. The deal marks the company’s 20th acquisition over the past decade.