Net Sales and Adjusted EBITDA Growth
Achieved 3% net sales growth and 8% growth in adjusted EBITDA, with a 60 basis point improvement in adjusted EBITDA margin to 15.5%.
Market Share Gains
Continued to gain market share in a fragmented market, with 7% organic daily sales growth in agronomic products.
Acquisition Milestones
Completed the 100th acquisition, adding over $2 billion in acquired revenue since 2014, with a robust pipeline for future deals.
SG&A Leverage Improvement
SG&A as a percent of net sales decreased by 40 basis points, demonstrating strong execution and cost management.
Digital and Private Label Growth
Digital sales grew by over 130%, and private label brands like Pro-Trade saw over 30% growth in the first half of the year.