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Category: 2021 4Q

TriMas 4Q, Annual Sales Increase

TriMas 4Q, Annual Sales Increase

Bloomfield Hills, Michigan-based manufacturer TriMas (NASDAQ: TRS) says its 2021 fourth-quarter sales increased 11.1%, while overall annual sales increased 11.3%. TriMas reported 4Q net sales of $209.0 million, compared to $188.2 million in 2020’s 4Q. The company said the increases sales were a result of “organic growth, including the impacts of customers’ stocking orders in […]

US Foods 4Q Sales Jump 24.5%

US Foods 4Q Sales Jump 24.5%

Rosemont, Illinois-based distributor US Foods Holding Corp. (NYSE: USFD) reported 2021 fourth quarter sales of $7.6 billion, a 24.5% increase over the same quarter in 2020. US Foods also reported 2021 year-end sales of $29.5 billion, a 28.8% increase over the previous year. For 4Q, gross profit increased 23.2% to $1.2 billion, while net income […]

Ace Hardware Yearly Revenue Up 10.7%

Ace Hardware Yearly Revenue Up 10.7%

Oak Brook, Illinois-based Ace Hardware Corporation reported “record” 2021 fourth-quarter revenues of $2.1 billion — an increase of 0.7% over the same quarter a year ago — while total year-end revenues topped $8.6 billion. The year-end revenues were 10.7% above 2020. Full-year 2021 net income reached $330 million, an increase of 4.1% on top of […]

Global Industrial: Sales Up Overall Despite Down 4Q

Global Industrial: Sales Up Overall Despite Down 4Q

Global Industrial Company (NYSE:GIC) of Port Washington, New York, reported consolidated sales in the fourth quarter of 2021 decreased 4.3% to $262 million compared to 2020, but overall annual sales increased 3.3% to $1.06 billion. The 4Q of 2021 had 61 selling days, five fewer days than the same quarter in 2020. Sales increased 3.5% […]

MRC Global Yearly Sales Top $2.6B

MRC Global Yearly Sales Top $2.6B

MRC Global Inc. reported 2021 year-end sales of $2.66 billion, a 4% increase over 2020. The pipes, valves and fittings distributor also reported 2021 fourth-quarter sales of $686 million, an 18% increase over the same period in 2020. For the year, adjusted EBITDA was $146 million, 5.5% of sales, a 51% improvement over 2020. In […]

WESCO Reports ‘Record’ 4Q Sales

WESCO Reports ‘Record’ 4Q Sales

WESCO International Inc. (NYSE: WCC), Pittsburgh, Pennsylvania, reported “record” fourth-quarter sales to close out 2021. The company had $4.9 billion in sales during the quarter, a 17.5% increase over the same period in 2020. The company also reported 4Q operating profit of $220.3 million, as well as record net income attributable to common stockholders of […]