DSG delivered solid organic expansion in its MRO and OEM sectors, while recent acquisitions continue to deliver on top-line growth.
Builders FirstSource’s third quarter reflected another sharp sales and earnings decline amid soft single-family starts and commodity pressure.
Reported and organic sales growth were robust in Q3, though gross margin and EBITDA margin had modest declines year-over-year.
Double-digit pricing actions continue to offset lower shipments of HVAC equipment that uses newly-mandated A2L refrigerants.
It will result in a combined company with about $6.5 billion in annual revenue, more than 160 locations and 6,300 employees.
A major consolidation is reshaping the heavy-duty aftermarket as FleetPride and TruckPro join forces. The merger unites two industry leaders with expansive branch and service networks to create a national platform built for scale, technology...
Double-digit sales growth continued alongside strong profitability in a quarter that saw Graybar record several notable achievements.
Pricing’s impact was double that of a quarter earlier, while Applied’s late 2024 acquisition of Hydradyne continues to drive major growth in the company’s Engineered Solutions segment.
The new leader is a veteran of the construction and building supply distribution sector.
It involves a significant footprint downsizing with numerous distribution center closures and an overhauled delivery network.
Current MSC COO Martina McIsaac will succeed Erik Gershwind following his planned retirement after 13 years as CEO.
That business comprises less than 1% of 3M’s total revenue. Meanwhile, the company posted solid 3Q organic growth in its Safety & Industrial unit.
