AD reported that member sales in the first six months of 2024 increased 7 percent across AD’s 14 divisions and three countries, to a record $40.4 billion.
Same-store sales increased by 4 percent in the U.S., 1 percent in Canada and 15 percent in Mexico, in their respective currencies. Member purchases from AD suppliers grew 4 percent to $10.1 billion.
Eighty-seven new members have joined AD on the year to date, with 50 joining as part of the Edge Group merger and 37 joining independently. AD members also acquired another 20 companies outside of AD.
“Our membership growth continues to outpace the impact of consolidation and, in addition to positive financial results, several of our programs launched new offerings and celebrated significant milestones,” said AD CEO Bill Weisberg. “We are looking forward to continuing our work on behalf of our AD owner/member independents, supplier partners [and] service providers to maintain this solid growth through the end of the year.”
