Q1 AD Member Sales up 12%
May 11, 2018
AD, the contractor and industrial products wholesale buying/marketing group, reported a 12% increase in member sales, across 12 AD divisions, totaling US$9.7 billion. Purchases from AD suppliers grew by 12% in Q1 YTD and distributions to members were also up 12%.
AD, the contractor and industrial products wholesale buying/marketing group, reported a 12% increase in member sales, across 12 AD divisions, totaling US$9.7 billion. Purchases from AD suppliers grew by 12% in Q1 YTD and distributions to members were also up 12%.On a same store basis, by industry, Q1 YTD electrical sales were up 10%; PHCP sales, 12%; industrial / PT sales, 11%; and building materials, 4%. By country, same store sales in Canada grew 9%; in the U.S., 10%; and Mexico, 10%.
“AD members across every division in North America experienced record breaking growth,” says AD Chairman and CEO Bill Weisberg. “The continued growth of our members is encouraging, especially after our record setting performance in 2017. In Q1 we welcomed many new additions to the AD community: 15 new members, 17 new suppliers, and 5 new HR and procurement service providers. Additionally AD eCommerce Solutions passed a big milestone: the normalization and attribution of 3 million SKUs.”
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