HARDI distributors report 4.5% revenue increase in August
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 4.5% during August 2020. The average annual sales growth for the 12 months through August 2020 is 2.5%.
“August 2020 had about the same number of cooling degree days, but one less billing day than August 2019,” HARDI Market Research & Benchmarking Analyst Brian Loftus said. “We estimate sales growth with the same number of billing days was more than 9%.”