Fastenal Co. (Nasdaq: FAST) of Winona, Minnesota, reported February sales of approximately $530.9 million, a 21.3% increase over the same month in 2021. The company reported daily sales of $26.5 million for the month, an increase over the $21.8 million reported for February 2022. Fastenal’s daily sales growth increased 22% in the U.S., 20.6% in […]
Category: Earnings
Sonepar 2021 Sales Pass $28B
Sonepar had “record” worldwide sales of more than $28.8 billion (€26.4 billion) in 2021, the company announced. In the company’s 2021 “Key Figures” announcement, Sonepar said it finished No. 1 in its market in 11 countries, and the company recorded roughly a million order lines per day during the year. Sonepar also touted its transformative […]
Descartes Annual Revenues Rise 22%
Descartes Systems Group Inc., (TSX:DSG) (Nasdaq:DSGX) of Waterloo, Ontario, says fiscal-year 2022 revenues reached $427 million, a 22% increase from FY 2021. The company’s FY 2022 ended January 31. Descartes reported FY 2022 income from operations of $103.4 million, up 45% from $71.4 million the previous year. Net income was $86.3 million, up 66% from […]
‘Mixed Results’ in January for ASA Members
The American Supply Association says members reported “mixed results” from January, as ASA’s monthly sales report revealed another strong performance compared to January 2021 but most respondents cited declines in sales when compared to this past December. For the 12-month period ending January 2022, sales remained strong compared to most of 2020, when there were […]
Huttig 4Q Sales Up 24.8%
Building materials distributor Huttig Building Products (NASDAQ: HBP) reported a 24.8% increase in 2021 fourth-quarter net sales and an 18.4% jump in total year-end sales compared with 2020. Net sales in 4Q were $230.4 million, compared with $184.6 million during the same period in 2022. Year-end net sales increased 18.4% to $937.8 million, compared to […]
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 […]
Builders FirstSource Sees ‘Record’ Sales
Dallas-based building materials distributor Builders FirstSource, Inc. (NYSE: BLDR) says a big merger, double-digit organic growth and commodity inflation drove increases in net sales for the fourth quarter of 2021 and the year overall. The company reported 4Q net sales of $4.6 billion, an 83.1% increase over the same period in 2020. Net sales for […]
Bunzl Yearly Revenues Grow
Bunzl plc, a specialist international distribution and services group, says 2021 revenues were 7.1% higher than in 2020 at constant exchange rates. The company said recovery in the base business and acquisitions was “more than offsetting expected declines in Covid-19 related sales,” while revenue at constant exchange rates was 17.1% higher than in 2019. Adjusted […]
Lawson 4Q Sales Rise 4%
MRO distributor Lawson Products, Inc. (NASDAQ: LAWS) reported 2021 fourth-quarter net sales of $102.1 million, a 4% increase over the same period in 2020. Average daily net sales in 4Q improved 5.7% to $1.701 million, compared to $1.609 million in the prior year quarter on one less selling day. For the full year, ADS increased […]
Owens & Minor: Gains in 4Q, Annual Revenue
Richmond, Virginia-based global health care solutions company Owens & Minor (NYSE: OMI) reported 2021 fourth-quarter revenue of $2.46 billion and total year-end revenue of $9.78 billion, both increases over 2020. “I’m extremely proud of our strong finish to a record year and even more excited about our future. We delivered on our commitments to all […]
Lowe’s 4Q Sales Top $21B
Lowe’s Companies, Inc. (NYSE: LOW) of Mooresville, North Carolina, reported 2021 fourth-quarter total sales of $21.3 billion, roughly $1 billion more than 4Q of 2020. The company also reported 4Q net earnings of $1.2 billion and diluted earnings per share of $1.78 for the quarter ended January 28, 2022, compared to net earnings of $978 […]
Home Depot: 4Q Sales Up 10.7%
The Home Depot Inc. (NYSE: HD), based in Atlanta, Georgia, reported 2021 fourth-quarter sales of $35.7 billion, an increase of 10.7% over the same period in 2020. Net earnings for 4Q were $3.4 billion, or $3.21 per diluted share, compared with net earnings of $2.9 billion, or $2.65 per diluted share, in the same period […]
After 4Q Report, Pentair Announces Dividend
London-based Pentair plc (NYSE: PNR) announced it will pay a regular quarterly cash dividend of $0.21 per share on May 6 to shareholders of record at the close of business on April 22. This year will mark the 46th consecutive year Pentair has increased its dividend, the company said. Earlier this month, Pentair announced its […]
Masonite Annual Sales Reach $2.6B
Tampa Bay-based Masonite International Corporation (NYSE: DOOR), a manufacturer and distributor of interior and exterior doors, reported full-year 2021 net sales of approximately $2.6 billion, a 15% increase over 2020. The company also reported 2021 fourth-quarter sales of $636 million, a 2.8% increase over the same period the year before. For all of 2021, net […]
GPC 2021 Sales Top $18B
Genuine Parts Company (NYSE: GPC) reported 2021 year-end sales of $18.9 billion and fourth-quarter sales of $4.8 billion. The year-end figure was 14.1% above 2020 totals, while the fourth-quarter sales figure was a 13% increase over the same quarter a year before. Net income in the fourth quarter from continuing operations was $256 million, or […]
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 […]
SiteOne 4Q Sales Up 19%
SiteOne Landscape Supply Inc. (NYSE: SITE) of Roswell, Georgia reported 2021 fourth-quarter net sales of more than $805 million, a 19% increase over the same period in 2020. Site One’s organic daily sales for 4Q increased by 21%, while gross profit increased 27% to $282.4 million. Fourth-quarter net income increased to $27.5 million from $11.5 […]
Pool Corp. 4Q Sales Reach $1B
Covington, Louisiana-based Pool Corp. (Nasdaq/GSM:POOL) reported 2021 fourth-quarter sales of $1 billion, while year-end sales reached $5.3 billion. Both the 4Q and year-end sales totals were company records. The annual net sales total was 35% higher than in 2020, the company said. Pool Corp. also reported operating income of $832.8 million, up 79% from 2020, […]
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 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% […]
