Pricing is still playing a large — albeit decelerated role — in the company’s strong results, while management was upbeat on underlying demand. Get our in-depth breakdown of Fastenal’s 1Q metrics.
Pricing is still playing a large — albeit decelerated role — in the company’s strong results, while management was upbeat on underlying demand. Get our in-depth breakdown of Fastenal’s 1Q metrics.
It was the fourth straight monthly decline for private nonresidential spending, which is now down 8% from its December 2023 all-time high.
The updates are designed to help Pros more efficiently manage projects by improving how they build material lists, place orders and coordinate deliveries. It further blurs the line between retail and distribution for a customer...
Breaking ground March 24, it will replace the company’s current Atlanta-based “AHUB” and could eventually be nealry four times the size.
The feature will provide pros with minute-by-minute updates on deliveries, including visibility into the truck route and remaining stops.
Fastenal reported a strong February that saw the company’s best daily sales growth since October 2022 despite a downstep for its top national accounts.
SRS Distribution gained roofing share in a historically weak market as Home Depot’s Pro business outperformed DIY in Q4. From HD’s earnings call, we extract executive details shared on pricing strategy, GMS integration and cross-selling...
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
White Cap is owned by PE firm CD&R, and Colony by Audax Private Equity. It will net White Cap more than 60 new locations.
The new capability is designed to help pros create project material lists within minutes.
