Distribution Industry News
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DXP Enterprises Reports Second-Quarter Sales Up 28.7% YOY
All three DXP business segments saw a year-over-year increase.
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Beacon Roofing Company Reports Record Sales
Price increases were a major driver of sales increases for Beacon.
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ADI Global Sales Grow 5% in Second Quarter 2022
Resideo, ADI’s parent company, reported sales up 14%.
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Wajax Corporation Sales Grow 14.6% in Second Quarter 2022
Profit for the quarter was $21.7 million, up 20.1%.
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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.