Operations
AD Sales Increase 34%
Industrial products wholesale buying group says sales in the first 9 months were $44 billion, an increase of 34% across its 13 divisions.
The companies reported strong third-quarter figures, with Watsco and Pool Corp breaking sales records and Snap-On topping $1.1 billion.
Wayne, Pennsylvania-based industrial products wholesale buying group AD says sales in the first nine months of 2020 were $44 billion, an increase of 34% across its 13 divisions.
Same-store sales were up 19%.
Member companies’ purchases from AD supplier partners grew 31%, while net distributions to its members were up 41%.
“Every single day, we’re out there advocating for our members, negotiating for the best programs and imagining new programs and services to bring value to their businesses,” AD Chairman and CEO Bill Weisberg said. “Just like our determined, purpose-driven independent members, we’re not about to let up now. We’ve got more mountains to climb.”
