ODP Corporation reported lower 2Q sales due to declines in its Office Depot and Business Solutions divisions, but noted improving trends and growth in new customer segments. Meanwhile, ODP gave an updated on its expansion...
The heavy machinery distributor says it faces challenges due to macroeconomic softness and uncertainty related to Canada-U.S. trade relations.
Full-year sales were flat annually, but the company saw orders improve across all divisions in 4Q.
Both energy sector supplies distributors saw little movement year-to-year, but strong results compared to 1Q of this year.
The company’s July report showed its first double-digit year-over-year daily sales growth month since January 2023 and another acceleration. How big a factor pricing played is unclear.
Parent company Resideo raised its full-year guidance after hitting a company record for 2Q sales.
The hardware products distributor’s net sales increased to $402.8M, led by growth in the hardware & protective and robotics & digital product categories.
Watsco delivered company-record 2Q gross profit despite a slight dip in sales, driven by tech-driven strategic pricing and other initiatives.
Core organic sales had another mid-single digit decline year-over-year while net profit sunk by nearly half from a year earlier.
Four acquisitions in 2024 drove a double-digit sales year-over-year sales increase at Distribution Solutions Group, but underlying organic growth also improved.
Wesco’s 2Q results show accelerating organic growth and surging data center sales, prompting the company to raise its full-year outlook.
Stanley Black & Decker reported a modest year-over-year sales decline in 2Q, impacted by a slow outdoor season and tariff-related shipment disruptions.
