Distribution Industry News

Looking ahead, Sysco lowered its fiscal 2025 guidance, citing the macroeconomic environment.

For the second quarter of 2025, Resideo expects revenue between $1.805 billion and $1.855 billion.

Despite these earnings challenges, MRC’s backlog climbed to $603 million at the end of March.

Sunoco has secured a $2.65 billion, 364-day bridge term loan to finance the cash portion of the transaction.

RMCT will be integrated into Stellar’s broader operations, including the company’s Documented Cost Savings (DCS) program.

Watsco says the three deals add 10 locations and about $47 million in annual sales “in high-growth” Sunbelt markets.

Mortensen is expected to help guide initiatives around workforce development, safety certification, and best practices.

SiteOne completed two acquisitions year-to-date: Pacific Nurseries and Green Trade Nursery.

Grainger has not yet seen meaningful tariff-driven customer demand shifts.

Wesco posted net sales of $5.34 billion.