AD Earned Record Results in First Half of 2022

CEW-33-AD-SixMonthReport-400.jpg

August 2, 2022

AD is reporting that total member sales in the first six months of 2022 were $36.1 billion, an increase of 29% across its 13 divisions and three countries. Total member sales were 56% ahead of their pre-pandemic level in 2019.

Same-store sales increased 22% over the first six months of 2021.

Purchases by member companies from AD supplier partners were up a record 31% to $9.81 billion. Purchases in each month in the first half of 2022 increased from the previous month, and April, May and June of 2022 have been all-time record months. 

Net distributions to AD members increased by 46% to $642.3 million. Net distributions per business unit were up 60% in Plumbing, Heating, Cooling and Pipe, 52% in Electrical & Industrial, 41% in Building Materials and 18% in Canada.

The addition of AD Building Supplies – Canada as AD’s 14th division, as a result of AD’s merger with TORBSA Limited, will be reflected starting in AD’s nine-month financial report.

“We are extremely pleased with another strong quarter of collaboration and positive results for our members, associates and suppliers,” said AD’s Chairman and CEO Bill Weisberg. “The numbers testify to the positive impact that our community’s independent but collaborative spirit has on all our businesses.”

For more information, visit HERE.

Related Articles


Changing Scene

  • Rexel Announces Changes to Group Executive Committee

    Rexel Announces Changes to Group Executive Committee

    December 1, 2023 Rexel today announced the appointment of Roger Little as Chief Executive Officer (CEO) for the USA and leader of the USA-Canada cluster, effective December 18, 2023. Roger Little has been CEO of Rexel Canada since March 2014 and will succeed Brad Paulsen as CEO of Rexel USA as Mr. Paulsen leaves the… Read More…

  • Hammond Power Solutions Declares Quarterly Dividend

    Hammond Power Solutions Declares Quarterly Dividend

    The Board of Directors of Hammond Power Solutions Inc. declared a quarterly cash dividend of fifteen cents ($0.15) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of fifteen cents ($0.15) per Class B Common Share of HPS payable on December 15, 2023, to shareholders of record at the close of… Read More…


Peers & Profiles

  • Taken from Graybar Canada Linkedin Post Enjoy a glimpse of the wonderful moments from Graybar Canada’s recent customer appreciation BBQs! The company was grateful for the smiles and connections made with our amazing customers and vendors. They are looking forward to the next gathering! Source Read More…

  • Article taken from Linkedin Post Electrozad is thrilled to spotlight their Chatham Branch and recognize their exceptional efforts in cleaning up their community. The team took time to coordinate a community clean-up around their branch. This is a commendable initiative that not only helps maintain the cleanliness and hygiene around the branch but also contributes… Read More…