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Earnings
Earnings
Fastenal Posts Another Strong Month of Daily Sales in August
The past two months have been a nice rebound for the distributor after a weaker May-June period.
Featured
Earnings
Applied Says 27 of its Top 30 Verticals Saw Growth in April-June Period
The distributor posted Q4 organic sales growth nearly 20%, with sequential growth accelerating considerably from Q3.
Earnings
DXP's Sales Returned to Year-Over-Year Growth in Q2, Accelerate Sequentially
The distributor completed a handful of acquisitions in late 2020 and early this year.
Top Headlines
Timken Expects its Major Solar Energy Revenue Growth to Continue
Home Depot Sales Top Expectations, Though DIY Rush May Be Cooling
Parker Appoints New Execs, Reports Major Sales Growth, Confirms Meggitt Acquisition
Fastenal's Daily Sales Resume Strong Growth in July
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Earnings
Resized DNOW Grows Revenue as Profit Loss Nears Breakeven
The oilfield products distributor — which significantly downsized in 2020 — has now grown sequential sales in consecutive quarters.
Earnings
Global Industrial Sees Solid Q2 Gains in Sales, Profit
Sales and profit growth was healthy both year-over-year and sequentially, as the distributor recorded its fourth-straight quarter of double-digit year-over-year sales growth.
Earnings
Kennametal Closes its Fiscal 2021 With 36% Sales Jump in Q4
The company expects slower sales growth for the July-September period, though still near 20%.
Earnings
Illinois Tools Works Sees Q2 Organic Sales Jump 37%
All seven of ITW's business segments had double-digit organic sales growth, led by Automotive OEM and Food Equipment.
Earnings
Amazon's Sales Growth Decelerates as Pandemic Shopping Surge Calms
The e-commerce behemoth is expecting Q3 sales growth of 10 to 16%, far below the 41% rate it had in Q1.
Earnings
Caterpillar Revenues Rise on Increased Equipment Demand
Second quarter revenue topped Wall Street expectations as construction sales spiked 40% year-over-year.
Earnings
MRC Global Sales Returned to YoY Growth in Q2 as E-Commerce Sales Hit 40%
The company had seen year-over-year sales declines since well before the pandemic began.
Earnings
Grainger's Non-Pandemic Sales Jumped 31% in Q2, Gross Margin Stabilizes
The company's net profit nearly doubles from a year earlier, largely due to divestments made in 2020.
Earnings
Compressors Lead Major Q2 Growth at Ingersoll Rand
Orders for compressors grew by more than 40% year-over-year, while revenue was up more than 30%.
Earnings
Dorner Addition Sends Columbus McKinnon's Sales Up 53%
At 24%, organic growth was robust as well.
Earnings
Lawson Products' Had Its Best Sales Quarter Ever in Q2
Sales jumped 47% year-over-year and were up slightly from Q1, though the company is implementing pricing actions to offset increased costs.
