AD Q1 Report Shows 4 Percent Affiliate Growth
Sales for AD Affiliates grew by 4% in Q1 2014 to $7.1 billion.
Affiliated Distributors (AD), reported 4% growth across all AD Divisions in the first quarter to $7.1 billion. AD Industrial sales grew 3% in the first quarter of 2014 on a same store basis.
By Division, AD Member sales grew as follows: Electrical up 3%; Industrial up 3%; Plumbing/PVF up 2%; HVAC up 6%; and Building Materials up 12%.
"The first quarter in 2014 presented its share of challenges including one of the worst winters affecting every region of the U.S.” stated Bill Weisberg, AD’s Chairman and CEO. “But despite these challenges, AD consistently outpaces the marketplace with strong Supplier support and innovative programs and services.”
Doing their part for the economy, in Q1, AD Members hired 1,900 new employees, opened over 90 new locations and made 5 acquisitions.
Lear more at www.ADHQ.com
CONTRACTOR SUPPLY MAGAZINE
The April/May 2024 issue of Contractor Supply magazine is here!
This digital edition is sponsored by BECK AMERICA Inc.
Our cover story, Masters of Fasteners, visits Interstate Screw Corp. of metro Miami, which serves the fastening needs of south Florida, the Caribbean and Central and South America.
Also in this issue,our Industry Updates cover Adhesives, Tapes and Sealants, Anchoring Systems and Safety and PPE.
This digital edition is fully searchable and contains live links to every advertiser and new product listing. Click away!
