AD U.S. Electrical Member sales grew 3% in the first three quarters of 2013, on a same-store basis from $8.72 billion to $8.96 billion.
Sales for all AD Affiliates, across all AD Divisions, grew by 4% in the first three quarters of 2013 to $21 billion.
John Eggleton, AD’s President of the U.S. Electrical Division commented, “The third quarter of 2013 continued to reflect guarded optimism by our membership, with same-store purchases in that quarter up 2.3%, while much of the industry remained flat. This increase was consistent with both Affiliate total sales and purchase growth. Even in a slow economic year, as is expected for 2013, AD members will continue to increase market share as well as experience net distributions as a percentage of Supplier rebates over 100%.”
AD Independents hired 1,808 new employees and opened 108 new locations through the first nine months of 2013.Tagged with tED