Wayne, Pennsylvania-based buying group AD on Monday announced sales in the first six months of 2021 were $28.1 billion, which marked an increase of 30% across its 13 divisions and three countries. Same-store sales were up 17%. Purchases by member companies from AD supplier partners were up 34%. Net distributions to its members increased by 37%.
“The exceptionally strong results we’re experiencing in the first half of 2021 are setting the stage for a record-breaking year,” AD’s Chairman and CEO Bill Weisberg said. “When we see growth in member purchases from AD suppliers outpacing total sales, it serves as a powerful indicator that our community of members and supplier partners finds great value from preferentially supporting each other.”
A year ago, AD announced member sales across all of its divisions and countries were down 6% to $21.6 billion for the first six months of 2020 compared to the same period a year ago. The decline was driven by a 13% dip during Q2.
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