AD member sales grow 15 percent
AD reported a 15 percent increase in member sales, across 12 AD divisions, totaling $23 billion through the first six months of 2019.
On a same-store basis, by business unit, six-month PHCP sales were up 5 percent; Industrial / PT sales were up 4 percent; Electrical sales were up 2 percent; and Building Materials was up 2 percent. By country, same-store sales in the U.S. grew 4 percent; Canada was up 4 percent and Mexico decreased 7 percent.
“2019 is running well ahead of plan and previous year for us. AD’s diversity in market segments, countries and industries is serving us well. Although we’ve been the largest group in member sales for some time now, it’s been extremely gratifying to have over 200 new members join us in 2019, as well 200 new supplier partners,” said Bill Weisberg, AD’s CEO.
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.
