AD sales up 13 percent
AD reported a 13 percent increase in member sales across 12 AD divisions, totaling $20.1 billion through the first six months of the year.
Purchases from AD suppliers also grew by 13 percent year to date.
On a same-store basis by industry, Q2 YTD PHCP sales were up 13 percent; Industrial / PT sales were up 12 percent; Electrical sales were up 9 percent; and Building Materials were up 7 percent. By country, same-store sales in the U.S. grew 11 percent; Canada was up 10 percent and Mexico grew by 12 percent.
“Despite unfortunate turbulence in political realms, lower taxes and a less antagonistic regulatory environment in the U.S. are contributing to member sales growth in every AD industry," said Bill Weisberg, AD chairman and CEO. "We continue to be bullish for the rest of the year."
He added that the contractor and industrial products buying and marketing group welcomed 28 new members, 26 new suppliers and seven new HR and procurement service providers in the first half of the year.
"The success of AD eCommerce Solutions continues, now providing over 3.5 million normalized and attributed SKUs representing over 2,000 manufacturers to the 193 AD subscribing members, 67 of which are now live with digital branches using AD produced content and another 15 will be launching digital branches later this year,” he said.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
