AD announces record results for first three months of 2022


AD announces record results for first three months of 2022

AD U.S. Industrial & Safety Celebrates Record Growth | Industrial  Distribution

Wayne, Pa. – AD is reporting that it has achieved first quarter records in member sales, member purchases from AD supplier partners, and net distributions. Member sales in the first three months of 2022 were $17.2 billion, an increase of 35% across its 13 divisions and three countries compared to the first quarter of 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 its members were up 61% to $347.5 million.

Additionally, 13 independents joined the group in the first three months.

“We are excited to announce a strong start for AD this year coming on the heels of a record-breaking 2021,” AD’s Chairman and CEO Bill Weisberg said. “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. 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.”

About AD

AD is a member-owned organization, passionate about bringing growth-oriented independent distributors and best-in-class supplier partners together with the purpose to outperform the market and to stay ahead of the competition.

For 40 years AD’s sincere customer-first approach to relationships and our continual investments in innovative support have helped AD to achieve annual sales of $58 billion across nine industries and three countries. With more than 5,000 branches from 845-plus independently owned members, AD is North America’s largest marketing/buying group for construction and industrial supplies.

We leverage our unique economies of scale, robust financial systems and people-first approach to help our independent distributor members outperform the competition and our supplier partners protect their brands and diversify their channel strategies.

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AD Industrial & Safety-U.S. division celebrates record growth with AD suppliers at 2022 Spring Network Meeting

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