AD Announces Record-Breaking Sales for the First Half of 2024

Record Sales

August 2, 2024

AD reports that member sales in the first six months of 2024 increased 7% across AD’s 14 divisions and three countries, to a record $40.4 billion.

Same-store sales increased by 4% in the U.S., 1% in Canada, and 15% in Mexico, in their respective currencies. Member purchases from AD suppliers grew 4% to $10.1 billion.

87 new members joined AD year-to-date, including 50 that joined as part of the Edge Group merger and 37 that joined independently. AD members also acquired another 20 companies outside of AD.

AD CEO Bill Weisberg said, “Our membership growth continues to outpace the impact of consolidation and, in addition to positive financial results, several of our programs launched new offerings and celebrated significant milestones. We are looking forward to continuing our work on behalf of our AD owner/member independents, supplier partners, service providers, to maintain this solid growth through the end of the year.”

For more information, visit the AD website HERE.

Related Articles


Changing Scene

  • Franklin Empire Inc. Announces Acquisition of O’Neil Electric Supply, Strengthening its Presence in Ontario and Eastern Canada

    Franklin Empire Inc. Announces Acquisition of O’Neil Electric Supply, Strengthening its Presence in Ontario and Eastern Canada

    Franklin Empire Inc. is proud and excited to announce that it has entered into a definitive agreement to acquire O’Neil Electric Supply, an Ontario-based electrical distributor, subject to customary closing conditions, including receipt of required regulatory approvals. This strategic acquisition further strengthens Franklin Empire’s position within the electrical industry and supports its long-term growth strategy. Read More…

  • Hammond Power Solutions Inc. to Acquire AEG Power Solutions

    Hammond Power Solutions Inc. to Acquire AEG Power Solutions

    Hammond Power Solutions Inc. has recently announced that it has signed a definitive agreement to acquire AEG Power Solutions, subject to regulatory approvals and customary closing conditions. AEG Power Solutions is a global manufacturer of mission critical industrial power electronics serving a diverse set of markets, including industrial facilities, transportation, infrastructure, and energy applications. Operating… Read More…


Peers & Profiles