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AD, the contractor and industrial products wholesale buying / marketing group, reported a 12 percent increase in Member sales, across 12 AD divisions, totaling $9.7 Billion. Purchases from AD Suppliers grew by 12 percent in Q1 YTD, and distributions to Members were also up 12 percent.
On a Same Store basis, by industry, Q1 YTD PHCP sales were up 12 percent; Industrial / PT sales were up 11 percent; Electrical sales were up 10 percent; and Building Materials was up 4 percent. By country, Same Store sales in the U.S. grew 10 percent; Canada was up 9 percent and Mexico grew 10 percent.
Bill Weisberg, AD’s Chairman and CEO said: “AD Members across every division in North America experienced record breaking growth. The continued growth of our Members is encouraging, especially after our record setting performance in 2017. In Q1 we welcomed many new additions to the AD community: 15 new Members, 17 new Suppliers and five new HR and Procurement Service Providers. Additionally AD eCommerce Solutions passed a big milestone; the normalization and attribution of 3 Million SKUs.”
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