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 […]
Category: Sales
Look Beyond Tech When Evaluating AI/Analytics for Sales & Marketing
One of three opportunities to drive sales success in the new year, according to Gartner’s Chief Sales Officer Leadership Vision 2022, is to prioritize tech investments to create an AI-augmented sales function. Gartner confirms 88 percent of CSOs are considering or already in the process of investing sales budgets in new technology to support artificial […]
Fastenal October Sales Up
Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported October sales of nearly $531.7 million, an 8.9% increase over the same month in 2020. The company’s daily sales were $25.3 million, a 14.1% leap over the same period last year. Regionally, U.S. sales increased 13%, while sales in Canada and Mexico grew 20%. By end market, manufacturing […]
AD Sales Increase 34%
Wayne, Pennsylvania-based industrial products wholesale buying group AD says sales in the first nine months of 2020 were $44 billion, an increase of 34% across its 13 divisions. Same-store sales were up 19%. Member companies’ purchases from AD supplier partners grew 31%, while net distributions to its members were up 41%. “Every single day, we’re […]
MSC 4Q Sales Up 11% Over Last Year
MSC Industrial Supply Co. (NYSE: MSM), a North American MRO distributor, on Wednesday reported net sales of $831 million during its fiscal fourth quarter of 2021, an 11.1% increase over the same period in 2020. The financial results reflected its fiscal 2021 Q4 and full year ended August 28. The fiscal 2021 4Q had one […]