All the latest reporting and analysis from Distribution Strategy Group.
Some distributors are growing fast with the help of AI, and will soon surpass bigger, slower-moving rivals.
Data cleanup isn’t a project with a finish line.
Ferguson said housing conditions remained uneven, with softer demand in residential construction and repair-and-remodel work.
CEO Jim Boyle said Medline ended the year with $2.4 billion in new customer signings, reflecting continued demand from health systems.
The acquisition enhances GCG’s presence in high-growth applications, particularly data centers and mission-critical power infrastructure.
What began as a limited AI pilot has evolved into a broader internal rollout.
QXO said sales climbed sharply in the fourth quarter and the full year because the company began including Beacon Roofing Supply’s business after buying the distributor in April.
Chief financial officer Kent Yee said the results reflect DXP’s efforts to diversify beyond traditional energy markets.
For the full fiscal year, sales were flat at $2.954 billion, compared with $2.953 billion the prior year.
For the full year, Global Industrial reported sales of $1.38 billion, an increase of 4.8% from $1.32 billion in 2024.