AD members boast 12 per cent sales increase in 2019
By Kavita Sabharwal-Chomiuk
Affiliated Distributors (AD) is reporting that total member sales across its 12 divisions in 2019 reached $46.3 billion, an increase of 12 per cent compared to 2018 sales. Meanwhile, AD member companies purchased $12.1 billion in goods from AD supplier partners in 2019, a nine per cent increase year-over-year.
AD’s 2019 same-store sales by North American business unit all recorded increases from 2018:
- Plumbing, Heating, Cooling and Piping (PHCP) divisions grew by 4%
- Industrial and Safety divisions grew by 3%
- Electrical divisions grew by 2%
- Building Materials grew by 4%
By country, same-store sales of members in the U.S. grew four per cent, while Canadian same-store member sales increased three per cent. Same-store sales in Mexico, however, fell 15 per cent.
“Although same store growth was not as robust as previous years, the overall performance of the AD community was strong, with purchase and distribution records set in virtually every AD division and country,” said AD Chair and CEO, Bill Weisberg. “Our member and supplier engagement feedback continues to showcase incredibly strong affinity for and advocacy of AD. The AD community is all in for each other.”