AD member sales grow to $11 billion in Q1 2020
“The most important thing to focus on in times like these is to successfully get through them.”
By Anthony Capkun
May 7, 2020 – Despite a global pandemic impacting the end of Q1 2020, AD reported a 2% increase in member sales across its 12 divisions, totaling $11 billion US in the first three months of 2020.
On a same-store basis by business unit, 3-month Electrical sales were up 2%; Plumbing, Heating, Cooling & Pipe sales were up 3%; Building Materials sales were up 4%; and Industrial and Safety sales were unchanged.
Additionally, 68% of members in the AD eCommerce program saw an increase in customer online activity and orders.
“Same-store member sales were up through February but fell off in March, and we anticipate some more tough months ahead,” said AD’s CEO Bill Weisberg. “The most important thing to focus on in times like these is to successfully get through them. Based on the time-tested resiliency and resolve of AD members, suppliers and associates, I’m confident we’ll overcome this situation together, as a community.”
AD is a member-owned, North American contractor and industrial products wholesale buying group in North America. Its 800-plus independent member owners span 12 divisions (including electrical) in the U.S., Canada and Mexico.