Affiliated Distributors (AD), Wayne, PA, achieved record first-quarter results in member sales and 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 in the press release. “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.”
AD promotes itself as the largest contractor and industrial products wholesale buying group in North America, with 845-plus independent member owners across 13 divisions in the U.S., Mexico and Canada with combined total annual sales exceeding $58.5 billion. AD’s 13 divisions cover industries including electrical, industrial, safety, bearings and power transmission, plumbing, PVF, HVAC, decorative brands and building materials.