Earnings

The company reported nearly $531 million in net sales last month, compared to $437.7 million in February 2021.

The electrical and industrial distributor topped its market in 11 countries and registered roughly a million order lines per day.

SaaS provider Descartes Systems Group reported fiscal-year total revenues of $424.7 million, above prior-year revenues of $348.7 million.

Operations

Article

Huttig 4Q Sales Up 24.8%

The distributor also reported that 2021 year-end net sales increased 18.4% to $937.8 million, compared to $792.3 million in 2020.

The manufacturer of engineered and applied products reported 4Q and 2021 sales increased by 11.1% and 11.3%, respectively.

The specialist international distributor says 2021 revenues increased 7.1% over 2020 when considering growth at constant exchange.

Operations

Article

Lawson 4Q Sales Rise 4%

The MRO distributor says net sales increased to $102.1 million compared to $98.1 million for the fourth quarter of 2020.

The company also reported 2021 fourth-quarter net earnings of $1.2 billion and diluted earnings per share of $1.78.

The world’s largest home improvement retailer also reported 2021 year-end sales of more than $151 billion, a 14.4% increase.