Industry News
AD Reports 30 Percent Sales Increase Across all 13 Divisions
04 Aug,2021
AD is reporting member sales in the first six months of 2021 were $28.1 billion, an increase of 30% across its 13 divisions and three countries. Same-store sales were up 17%. Purchases by member companies from AD supplier partners were up 34%. Net distributions to its members were up 37%.
“The exceptionally strong results we’re experiencing in the first half of 2021 are setting the stage for a record-breaking year,” AD’s Chairman and CEO Bill Weisberg said. “When we see growth in member purchases from AD suppliers outpacing total sales, it serves as a powerful indicator that our community of members and supplier partners finds great value from preferentially supporting each other.”
