May 2, 2023
Electrical division drives AD member sales
AD (Affiliated Distributors) member sales were US$18.3 billion for the first three months of 2023, an increase of 6% year over year across 14 divisions and three countries. Purchases by member companies from AD suppliers reached $4.63 billion. Net distributions to members grew 11% in the quarter to $386.3 million compared to the prior-year period. Same-store member sales increased 12%, led by 19% growth in AD’s U.S. electrical division and its bearings and power transmission division. Same store sales were positive for every AD division when measured in their own currency.
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