AD Member Sales Up through First Three Quarters of 2016
AD, the $32 billion contractor and industrial products wholesale buying and marketing group, reported sales for all AD members, across all seven Divisions and three countries grew by 6.3 percent in 2016 Q3 YTD to $26.1 Billion. This growth includes ongoing members, new members and losses due to consolidation. On a same store basis, the AD member sales grew 1 percent.
By country, AD U.S. was flat; AD Canada was up 6 percent and AD Mexico grew 25 percent. By industry, Electrical was flat; Plumbing, PVF & HVAC was flat; Industrial and Power Transmission was down 5 percent; and Building Materials was up 16 percent.
Bill Weisberg, AD’s chairman and CEO comments on the results, “There’s a saying that comes to mind for macro-economic conditions like these, ‘one of the better responses to scarcity is not to slice the pie thinner, rather it’s to figure out how to make more pies.’ AD is blessed to work with many of the most collaborative and creative independents and suppliers in this industry.”
Across all Divisions and countries, member purchases from AD suppliers grew 7 percent and net Distributions to AD members grew 12 percent.