Earnings | Industrial Distribution

John Deere equipment is on display at the Farm Progress Show on Aug. 31, 2015 in Decatur, Ill. Deere & Co. said on Wednesday, Nov. 24, 2021, its fiscal fourth-quarter profit jumped 69% on strong sales of its agricultural and construction equipment despite a monthlong strike that began near the end of the period.

Deere Q4 Profit Jumps 69% Despite Strike, Supply Problems

More than 10,000 Deere workers were on strike at plants in Iowa, Illinois and Kansas.

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Fastenal's October Shows Core Demand Continues to Accelerate

Strong daily sales growth outpaced September from both manufacturing and non-residential construction customers.

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Grainger Sales Jump Nearly 12% in Q3 on Core Products Demand

Gross margin expanded in both High-Touch Solutions and Endless Assortment, as core-product growth outpaced slowing pandemic-related sales.

President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit.

GM Cites Improved Chip Supply in Raising Financial Guidance

Surging Home Depot Sales Continue Amid Hot Housing Market

DNOW Sees First Profit in 2 Years as Sales Growth Continues

WESCO Cites Major Growth in Construction, OEM and Industrial Businesses

Parker Hannifin Sees Record Sales, Profits in Latest Quarter

The motion and control technologies supplier achieved first-quarter records for sales, segment operating margins and net income.

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Global Industrial's Q3 Sales Dip While Margins Hit Company Records

The company said that while demand accelerated throughout the quarter, supply chain issues led to significantly more open orders.

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Strong Organic Growth Continues at Kennametal

Sales and profits had another solid showing for the tooling supplier in the July-September period, and it's forecasted to continue in the current quarter.

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Wage Increases, Incentives Cost Amazon Nearly $1B in Q3

The e-commerce behemoth issued a subdued holiday quarter forecast after sales slowed in the July-September period.

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Dorner Addition Continues to Power Major Growth at Columbus McKinnon

Excluding Dorner, the company still had robust organic sales growth.

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Lawson Products Continues Strong Sales, Profit Growth in Q3

The MRO parts distributor's sales nearly matched the company record set in Q2.

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Applied Says 25 of its 30 Top Verticals Saw Organic Growth in Latest Quarter

The company's July-September sales were a company record, including major organic growth.

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Stanley B&D Details Pricing, Productivity Actions as Q3 Organic Sales Gain 10%

To meet demand, the company said it's opening two new power tool plants and one new hand tool plant — all in North America.

Boeing Posts $109M Loss Amid Jet Production Issues

The problems have blocked deliveries of the 787.

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Manufacturing Customers Lead Strong, Consistent Monthly Sales Growth at MSC industrial

The metalworking and MRO products distributor reported strong figures in its Q4 and full-year financial report, led by major growth from manufacturing customers.

Fastenal Posts Strong Q3 While Closing Another 63 Branches

The company's sales and profits both improved about 10 percent despite considerably higher employee-related expenses.

5 Minutes With ID: Insights from our Most Challenging Big 50 Yet

ID Editor Mike Hockett goes solo to discuss the nuances involved with creating our 2021 Big 50 List, and why this year was especially challenging.