Distribution Industry News

Applied’s profit was $257.4 million for the year.

Profit for the second quarter was $127.6 million.

For the first six months of the year, Veritiv sales were $3.7 billion, up 14.3%.

Organic revenue growth for DSG was 11.8% for the period.

The gas utilities and downstream, industrial and energy transition (DIET) sectors led the sequential improvement of 14%.

Dana Duckworth will be the VP of Supply Chain Solutions for AFFLINK, a Performance Food Group subsidiary.

All three DXP business segments saw a year-over-year increase.

Price increases were a major driver of sales increases for Beacon.

Resideo, ADI’s parent company, reported sales up 14%.

Profit for the quarter was $21.7 million, up 20.1%.