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