Graybar’s robust performance was supported in part by ongoing upgrades to its operations, including an initial rollout of a new enterprise resource planning system.
The U.S. pharmaceutical segment, McKesson’s largest, posted $90 billion in revenue, up 25% from a year earlier.
Stellar Industrial Supply distributes more than 90,000 MRO products and tools from over 1,500 brands across 18 regional hubs in the U.S.
The company has named Darren Bonnstetter as its new chief executive officer. He succeeds John McNeill, who is stepping down,
In the first half of the year, DXP generated $975.3 million in total sales, up 13.7% from $858.2 million in the prior year.
While the merger took center stage, DNOW reported steady second-quarter and year-to-date financial results, reinforcing its ability to execute in a slower market environment.
Lead times for capital expenditure fell to 173 days in July, while the average lead time for MRO supplies decreased to 44 days.
For the full year, Avnet posted revenue of $22.2 billion, down from $23.8 billion last year.
Revenue at ADI Global Distribution jumped 33% to $1.28 billion, driven by continued demand from commercial customers and contributions from the Snap One acquisition.
CEO D.G. Macpherson notes that Grainger’s global presence has been key to minimizing the risks associated with tariffs.