Current MSC COO Martina McIsaac will succeed Erik Gershwind following his planned retirement after 13 years as CEO.
At Motion, Genuine Parts Company saw year-over-year and sequential sales improvements and end market growth despite continued sluggish demand and “cautious” consumers.
The company said end market demand remains sluggish, but enhanced fastener capabilities, key account strategy and new contract signings drove continued strong sales. See our deep dive into the September and 3Q numbers.
Better volume and acquisitions powered further strong year-over-year sales, profit and EBITDA figures, but the company cited higher expected expenses and softer demand in lowering its guidance.
The company’s August sales report showed that double-digit daily sales growth continued, albeit at a slight deceleration month-to-month. Get a detailed breakdown of the figures here.
Bunzl reported higher total sales in its 2025 half-year results, though North American revenue and profit declined amid ongoing operational challenges.
It’s just the latest building materials distribution megadeal and essentially is Lowe’s answer to rival Home Depot buying SRS Distribution in 2024.
HD saw the strongest broad strength across its merchandising departments in over two years during 2Q, while average ticket and big ticket comps accelerated.
PFG rejected a takeover proposal from US Foods while reporting strong 4Q and full-year 2025 financial results driven by recent acquisitions and sales growth.
Applied reported a solid end to fiscal 2025, with improved demand and a return to organic growth led by its Engineered Solutions segment.
QXO issued its first quarterly financial results since its $11 billion acquisition of Beacon at the end of April, with all key metrics topping analyst forecasts.
Cardinal Health reported steady fourth-quarter results and a stronger profit outlook for 2026, while expanding its specialty care platform with the acquisition of Solaris Health.
