Construction

Building Materials/Construction

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QXO, TopBuild Shareholders Approve $17B Deal

QXO’s acquisition of TopBuild cleared a major hurdle with shareholder approval from both companies. The transaction is expected to close July 1, positioning QXO as one of North America’s largest publicly traded building products distributors.

It was the company’s 11th straight month of double-digit daily sales growth year-over-year as nearly every key sales metric improved sequentially. We provide a full breakdown of Fastenal’s May sales numbers here and the context...

It was the company’s 10th straight month of double-digit daily sales grwoth year-over-year and its best month since August 2022 in the height of post-COVID market recovery. We give a full breakdown of Fastenal’s April...

The infrastructure supplies distributor’s former CEO has retired as executive chairman, and the company has named a successor, along with another board member appointment.