AD Achieves Record Sales and Net Distributions In First Six Months of 2023

July 31, 2023

AD is reporting that member sales in the first six months of 2023 reached a new record of $37.8 billion, an increase of 5% across 14 divisions and three countries.

Purchases by member companies from AD suppliers reached $9.7 billion. Net distributions to members grew 5% to a record $673.9 million.

AD member same-store sales grew 8% through the first six months of 2023. Same-store sales in the U.S. were up 9%, while those for companies headquartered in Canada and Mexico were up 5% in CAD and 7% in MXN, respectively.
AD’s strongest same-store performers, by Division, were Bearings & Power Transmission (+15%), U.S. Industrial (+14%), U.S. Safety (+14%) and U.S. Electrical (+11%).

Commenting on the current state of various AD industries, AD CEO Bill Weisberg said: “Just like other periods where there’s been elevated consolidation activity, we see the remaining independents gaining share in their local markets.”

AD also reported six-month records for the following AD programs and services: AD eCommerce; the AD Center for Independent Distributor Leadership; AD warehouse sales to AD members; AD Rewards; and AD Conferences.

Source

Related Articles


Changing Scene

  • SkyView by BIOS Lighting Launches in BC with Mac’s II Agencies

    SkyView by BIOS Lighting Launches in BC with Mac’s II Agencies

    Mac’s II Agencies is proud to represent SkyView by BIOS Lighting across British Columbia. As the first agency in BC to bring this innovative brand to market, we’re excited to help launch a new chapter for SkyView—a new company rooted in cutting-edge science and committed to wellness through light. This addition to our lighting line card reflects our… Read More…

  • Electric Avenue Welcomes Julie Moore as New Marketing Coordinator

    Electric Avenue Welcomes Julie Moore as New Marketing Coordinator

    Electric Avenue is excited to welcome Julie Moore to the team as it’s new Marketing Coordinator, bringing fresh energy and a strong foundation in digital marketing to it’s growing brand. Originally from Halifax, N.S., Julie holds a Bachelor of Commerce with a major in Marketing and brings hands-on experience in social media management and digital… Read More…


Peers & Profiles