Analysts say the coming quarters will assess whether QXO can translate its newfound scale into profit.
The maker and distributor of smart-home and building technology products said revenue rose 2% to $1.86 billion in Q3.
Growth was strongest among independent restaurants, where volume rose 3.9%, offsetting softer demand from large chains.
MRC Global CEO Rob Saltiel said the merger “advances our shared goal of becoming the premier choice for energy, gas utility and industrial customers.”
S&P Global said many manufacturers cited tariff exposure, fluctuating input costs, and election-year uncertainty as key factors weighing on their outlook.
Hillman’s results were fueled by higher prices and new customer wins.
For the first nine months of 2025, BlueLinx reported sales of $2.24 billion, down 0.2% from $2.24 billion in the same period last year.
TopBuild raised its full year forecast to reflect the new acquisitions, projecting revenue of about $5.4 billion.
Cardinal is accelerating that momentum with its pending acquisition of Solaris Health, the country’s largest urology management services organization
Triangle provides pumps, process equipment, and aftermarket services for municipal and industrial customers.