May 7, 2024
AD has strong Q1 sales, increased membership
AD member sales in the first three months of 2024 were $19.5 billion, a seven percent increase across AD’s 14 divisions and three countries. Same-store sales increased by three percent in the US, two percent in Canada, and five percent in Mexico, in their respective currencies. Member purchases from AD suppliers grew two percent to $4.7 billion.
Seventy-one new members joined AD in the first quarter of the year, including 50 that joined as part of the Edge Group merger, effective January 1. AD members also 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,” says Bill Weisberg, CEO of AD. “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.”
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