AD member sales up 35% for first three months of 2022
May 27, 2022 | By Anthony Capkun
May 27, 2022 – North American marketing/buying group AD reports it has achieved Q1 2022 records in member sales, member purchases from AD supplier partners, and net distributions.
“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,” said Bill Weisberg, AD chair and CEO.
Member sales in the first three months this year were $17.2 billion—an increase of 35% across AD’s 13 divisions and three countries as compared to Q1 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 members were up 61% to $347.5 million.
Additionally, 13 independents joined AD.
“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,” Weisberg added.
AD is North America’s largest marketing/buying group for construction and industrial supplies. Its memberships comprises 845-plus independently owned member distributors, representing over 500 branches and annual sales of $58.5 billion across nine industries and three countries.
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