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5 Minutes with ID
Earnings
Earnings
Home Depot's Sales Continue to Soften
Inflation and a delayed start to spring weighed on its quarterly sales numbers.
Featured
Earnings
DNOW Raises Forecast Despite Drop in Q1 Sales, Earnings
The beginning of the year saw lower well completions and “historically low” natural gas prices.
May 10, 2024
Earnings
DXP Sales Down Nearly 3% in Q1
The company said it is “encouraged” by the results and optimistic about 2024 as a whole.
May 9, 2024
Earnings
MRC Global Posts Lower Sales, Earnings
The company’s CEO, however, suggested the distributor has “turned the corner.”
May 9, 2024
Earnings
Wajax’s Industrial Business a Bright Spot Amid Revenue Decline
The company reported a 1% increase in industrial parts revenue.
May 6, 2024
Earnings
Graybar Reports Record First Quarter
The company said net sales were up, but net income slipped by nearly 16%.
May 6, 2024
Top Headlines
RBC Bearings Posts Strong Quarter
May 17, 2024
Despite 'Soft' Organic Sales, DSG Sales Up 19.5% YoY
May 3, 2024
Global Industrial's Sales Surge, but Earnings, Margins Slip
April 30, 2024
3M Posts Strong First Quarter
April 30, 2024
Latest
Earnings
Applied Industrial Reports Higher Sales, Announces Acquisition
Company officials said the addition of Kopar would bolster its automation platform.
April 25, 2024
Earnings
Grainger Sales Rise, but Earnings, Margins Slip Amid ‘Slow,’ ‘Steady’ Demand
The MRO giant reaffirmed its earlier forecast for the full year.
April 25, 2024
Earnings
Snap-On Posts Mixed Quarter
The company's Q1 profit exceeded Wall Street forecasts, but its revenue fell short.
April 19, 2024
Earnings
Motion Sales Fall 2% in Q1, but Profits Up
The MRO giant maintained its sales growth projections for the full year.
April 18, 2024
Earnings
Fastenal Sales Rise but Fall Short of Forecasts
The company’s fastener sales hindered its overall numbers.
April 11, 2024
Earnings
MSC Posts Disappointing Quarter, Announces Manufacturing Tech Acquisition
The distributor said it now expects full-year results to be "at the lower end" of its forecast.
March 28, 2024
Earnings
Core & Main Annual Sales Up Slightly
The company's fourth-quarter revenue was up by nearly 5%.
March 19, 2024
Earnings
Sonepar Posts $36.4B in 2023 Sales
The electrical distribution giant completed 13 acquisitions during the year.
March 12, 2024
Earnings
DXP Annual Sales Up 13% After Narrow Q4 Increase
The company’s full-year net income jumped by more than 40%.
March 7, 2024
Earnings
Distribution Solutions Group Posts Loss Despite Higher Sales
The company blamed a tough fourth quarter on “isolated” headwinds.
March 7, 2024
Earnings
Wajax Sets Another Annual Sales Record
But the company’s industrial sales slipped in the fourth quarter.
March 5, 2024
Earnings
Ferguson Again Reports Falling Sales, Profits
The company says it expects a better second half of its fiscal year.
March 5, 2024
Earnings
Global Industrial’s Annual Sales Jump 9% Thanks to Indoff Acquisition
Although full-year organic sales were down slightly, the company posted a strong final quarter.
February 29, 2024
Earnings
Lowe's Posts Stronger-than-Expected Earnings
The home improvement retailer reported revenue of $18.6 billion in its latest quarter.
February 28, 2024
Earnings
Home Depot's Strong Quarter Overshadowed by Weakening Sales, Expectations for '24
The country's largest home improvement retailer is feeling the impact of high mortgage rates and inflation.
February 20, 2024