As expected, DSG’s organic sales declined compared to a year ago but sequential improvement was driven by increased sales in many end markets.
A healthier residential end market and an increase in average selling price bolstered Watsco’s total 2Q sales to $2.1 billion.
The ruling could have far-reaching impacts on the product safety liabilities of other eMarketplace platforms.
MDM attended the distributor’s biennial event in late June to learn all about its recent innovations, strategy and path ahead.
McKinsey Senior Partner Kevin Sachs joins us to preview the keynote presentation at MDM’s SHIFT Conference and the industry’s biggest driving factors in the year ahead.
Year-over-year sales and profit continued to slide at MRO supplies distributor Motion, though not as much as in 1Q.
Weak fastener sales continue to weigh on overall results, though the company indicated that customer acquisition efforts remain encouraging.
The move tries to stop China and other countries from evading U.S. tariffs on steel and aluminum by routing products through Mexico.
The association said the LPC will empower distributors to contest federal regulations.
If finalized, the OSHA rule would hold distributors to standards to address extreme heat, including mandatory paid work breaks in some cases.
The company updated corrective actions it’s taken in the wake of complexities in MSC’s web pricing realignment rollout from earlier this year, which directly weakened sales and profits.
The company also acquired a Canada-based JanSan distributor earlier in June.
