AD announces record results for first three months of 2022
AD reported that 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.