We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • PROS REPS
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • Subscribe
  • PODCASTS
  • DIGITAL EDITIONS
Home » AD Announces Record Results for First Three Months of 2022

AD Announces Record Results for First Three Months of 2022

May 2, 2022
AD Announces Record Results for First Three Months of 2022

AD is reporting that it has achieved first quarter records in member sales, member purchases from AD supplier partners, and net distributions. Member sales in the first three months of 2022 were $17.2 billion, an increase of 35% across its 13 divisions and three countries compared to the first quarter of 2021. Same-store sales were up 27%. All 13 of AD’s divisions experienced double-digit sales growth.

Purchases by member companies from AD supplier partners were up 35% to $4.46 billion. Net distributions to its members were up 61% to $347.5 million.

Additionally, 13 independents joined the group in the first three months. 

“We are excited to announce a strong start for AD this year coming on the heels of a record-breaking 2021,” AD’s Chairman and CEO Bill Weisberg said. “As we recognize our members and suppliers that kept up last year’s momentum, giving us confidence in another successful year, we welcome our new members who align with our commitment to outperforming the market. I am continuously inspired by our robust community of incredibly resilient and growth-oriented members and suppliers, and I look forward to working closely with them to build upon their success.”

Business Buying Groups HVAC Industry Community News Plumbing PVF Wholesalers & Distributors
  • Related Articles

    AD Earns Record Results in First Half of 2022

    AD Continues Record-Setting Sales with 34 Percent Increase in First Nine Months of 2021

    AD Member Sales Up 14 Percent in First Three Months of 2021

Most Popular

  • Saniflo North America Launches Innovative Retrofit Pump Kit for Hassle-Free Replacement of Faulty Sewage Pumps

  • F.W. Webb Acquires J.D. Johnson Co.

  • 2023 Person of the Year: Jim McGoldrick

  • Sila Services Acquires Triangle Heating, Cooling, Plumbing & Electrical

Featured Video

Aosmith vid

Voltex® AL Smart Hybrid Electric Heat Pump with Anti-Leak Technology

Industry Events

  • 17Jan

    LPG Expo 2024

    San Antonio, TX
  • 21Jan

    IMARK Plumbing Annual Meeting

    San Antonio, TX
  • 22Jan

    AHR Expo

    Chicago, IL
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw12 2023 cover
    Learn More
  • Pe12 2023 cover
    Learn More
  • Phc12 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing