May 8, 2024 – AD reports that member sales in the first three months of 2024 hit a record $19.5 billion US—a 7% increase across 14 divisions and three countries.
Same-store sales increased by 3% in the U.S., 2% in Canada, and 5% in Mexico (in their respective currencies). Member purchases from AD suppliers grew 2% to $4.7 billion.
Additionally, 71 new members joined AD during this period. Of these, 50 were part of the Edge Group merger, while AD members acquired another 10 companies outside of AD.
“Our community of independent distributors remains focused on growth and enhancing their already strong positions within their local markets,” said Bill Weisberg, AD CEO. “The AD team and I are pleased to be making a positive difference in the success of our dedicated owner/members and our supplier partner companies.”
AD is the largest contractor and industrial products wholesale purchasing cooperative in North America. Its 900+ independent owner/members span 14 divisions across three countries, with annual sales exceeding $75 billion.
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