The company continued to see organic growth that outpaced market averages, ending the year with strong margin gains.
The Home Depot partnered with the delivery apps to provide customers with faster, on-demand delivery of home improvement products.
New investment bank analyst commentary suggests QXO will have to increase its current bid for Beacon to fend off alternative suitors, but others say additional offers are unlikely.
The company ended the year with its worst daily sales growth month since mid-pandemic, though quarterly growth still accelerated. See our thorough breakdown of Fastenal’s full year, fourth quarter and December results.
Two product procurement firms allegedly conspired to rig bids on awards for Department of Defense MRO contracts, resulting in the U.S. being overcharged for products it purchased.
The average HVAC contractor makes nearly 70% of its purchases through wholesale distribution, according to a HARDI Voice of Contractor survey.
The average HVAC contractor makes nearly 70% of its purchases through wholesale distribution, according to a HARDI Voice of Contractor survey.
It was the company’s best month since December 2023, led by particularly strong growth from manufacturing customers and in fastener products.
It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024’s closing months.
The organic gain outperformed compared to other industrial distributors in the July-September period.
Get a complete breakdown of the distributor’s September and 3Q financials, which point to a demand uptick for the industrial supply sector.
A company memo says the policy will help corporate staff understand the challenges and opportunities that store workers face every day.
