The specialty building products distributor GMS said its net sales, income and EBITDA results were ahead of previous expectations.
Southwire will relocate nylon cable tie production to Honduras, and its lifts and welding tools production to third-party manufacturers.
Amid a sea change in employer-to-employee power dynamics, distributors have had to be much more strategic with their hiring and retention practices. We gather key takeaways on this front from Alex Chausovsky.
Waterworks and industrial supplies distributor Core & Main’s 3Q earnings increased 0.5% due to acquisitions offset by lower end-market volumes.
Modest year-over-year increases in the previous quarter moved to declines in the company’s 2024 first quarter, including a 4.9% organic revenue decline year-over-year.
We detail just how much of a hefty sum the six-week strike will cost GM, Ford and Stellantis each in lost profit and revenues.
Based on lower-than-expected DIY sales, partially offset by positive Pro customer comp sales, Lowe’s updated its outlook for the year.
Eagle Mark 4 has expanded its national operations by opening its first distribution location on the West Coast.
As a primer for 2024, Mike Hockett condenses ITR Economics’ Alan Beaulieu’s latest industry keynote presentation into seven key points.
When Wesco merged with Anixter in 2020, it took on a margin improvement plan, which may help the company reach its 10% EBITDA margin target.
The company said Pro customers outperformed DIY in the quarter, but by the narrowest margin in quite some time.
Pushback has cited the potential for representatives from unions or other organizations to fulfill the proposed third-party inspector role.
