Revenue Growth
The company delivered a 10.7% revenue growth in the quarter, with strong organic momentum and an average daily sales increase of 6%.
Increased Shareholder Returns
An increase in adjusted earnings per share of $0.40 for the third quarter, an 8.1% increase year-over-year, and over $20 million in share buybacks in the first 9 months of 2025.
Strong Performance in Gexpro Services
Gexpro Services delivered record adjusted EBITDA and organic revenue growth of 11.4%, with sequential EBITDA margin expansion.
Canadian Branch Improvements
Source Atlantic showed meaningful improvement in gross margin and expense rationalization, with a 300 basis point improvement over the last year.