Distribution Industry News
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The ODP Corporation Reports 2022 Second Quarter Sales
The ODP Corporation, (NYSE:ODP), Boca Raton, FL, parent company of Office Depot and distributor of office supplies, reported sales for its fiscal 2022 second quarter ended June 25, 2022, were $2 billion, down 2% from the prior-year period.
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PT Holdings Acquires Commercial Kitchen Parts & Service
Commercial Kitchen Parts & Kitchen is an OEM parts distributor and field service organization.
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Arrow Electronics Reports 10% Sales Increase in Second Quarter 2022
Arrow profit was up 54% for the period.
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NOW Inc. Sales Reaches $539 Million in Second Quarter 2022
NOW net profit for the quarter was $26 million.
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SiteOne Landscape Supply Sales Up 12% in Second Quarter 2022
SiteOne has acquired 8 new companies year-to-date.
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Fastenal Sales Up 12.5% Year-Over-Year in July 2022
Daily sales in the U.S. grew 17.8% for Fastenal.
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Owens & Minor Sales Reach $2.5 Billion in Q2 2022
Owens & Minor’s Patient Direct segment continued to grow in the quarter.
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Wesco International Reports 19% Growth in Second Quarter
Wesco has passed the second anniversary of the Anixter merger.
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Graybar Acquires 2 Industrial Automation Companies
Walter Industrial Products, Inc., and New England Drives & Controls will continue operating under their existing names.
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Builders FirstSource Sales Up 24.2% in Second Quarter 2022
Builders FirstSource profit for the quarter was up 98.5%.