The Winona, Minnesota based wholesale distributor of industrial and construction supplies, announced 3Q25 earnings on October 13. Revenue grew 11.7% from prior year to $2.13 billion and gross margin grew 40 basis points to 45.3%. Revenue growth was driven by increases in customers and unit sales, especially in customers spending >$10k per month, and market share … [Read more...] about Fastenal – Strong Revenue Growth and 3 Consecutive Months of Double-Digit Organic Sales
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2026 Industrial Planning Season – Finance team leadership is crucial to great outcomes
Yesterday, I was writing a planning season column for a series that I am writing. I was multi-tasking and listening to an ISA webinar hosted by Brendan Breen and Mark Gilham from Enable titled Finance for Future Leaders. As I was writing and listening, I realized in my outline notes that I had not accounted enough on the role of Finance in Annual Planning Meetings. Your … [Read more...] about 2026 Industrial Planning Season – Finance team leadership is crucial to great outcomes
What can Industrial Leaders do to enhance their skill sets?
Last week I was traveling and speaking to key industrial channel leaders and one topic keeps coming up again and again from Manufacturers, Manufacturer Reps, and Distributors in the Channel. How do we retain future leaders in the industrial channel? It is hard to recruit and then retain talent in the industrial channel. So, when you make that investment as a Company or … [Read more...] about What can Industrial Leaders do to enhance their skill sets?
Finance Training is often overlooked by Industrial Channel leaders
This week, I had a webinar announcement caught my eye from ISA and Mark Gilham. It reminded me of how valuable basic finance training was when I first got started in my career at Crescent Electric Supply Company. All the sales and marketing type newbies had to attend a new manager training finance session that was in-depth, that was led by our CEO - Jim Etheredge (he was … [Read more...] about Finance Training is often overlooked by Industrial Channel leaders
Pentagon Pricing Series – A Pricing Reset is the Most High-Risk and High-Reward Activity in B2B Industrial Distribution
As a former pricing leader for three billion-dollar distributors in North America, I can share from experience that a major pricing reset is simultaneously a dangerous activity, yet when done right, the best driver of top-line sales growth in this industry. Earlier this year, I wrote a Case Study for Modern Distribution Management (MDM) on the pricing reset MSC Industrial … [Read more...] about Pentagon Pricing Series – A Pricing Reset is the Most High-Risk and High-Reward Activity in B2B Industrial Distribution
IST Analysis – Grainger Q2 2025 Earnings Release
ISA Member and Industrial Leader Grainger released their Q2 Results on August 1st, which provided insight into their pricing actions and continued above market growth in their Endless Assortment business unit. At this years, ISA Fall Summit Gowri Natarajan - Director Procurement & Supplier Management at Grainger will be speaking at the event. Our Channel Marketing Group … [Read more...] about IST Analysis – Grainger Q2 2025 Earnings Release
ISA Member Spotlight – Cali Air Tools
I had a chance to start a series on large ISA members and wanted to broaden it to a wide range of manufacturers and new members of ISA. I appreciate the feedback that Nicole Foster from Cali Air Tools provided. 1.Tell us about your company. What markets do you serve, and how do you differentiate yourself from the competition? In 2002 we decided that there was a market … [Read more...] about ISA Member Spotlight – Cali Air Tools
Part 3 – Manufacturers and Distributors need to do better than a C+ on their report cards
Last week I was on a fun webcast where Mark Jackmore CEO of Precision, and I were diving into real-world examples of how manufacturers and distributors could use data more effectively to report progress and take meaningful action together to improve their business. We covered a lot of ground on the webcast, shared best practice examples, and tactical information on how you … [Read more...] about Part 3 – Manufacturers and Distributors need to do better than a C+ on their report cards
ISA Fall Summit is expanding content and tracks for the Industrial Channel
Late last week, the Industrial Supply Association sent out for the full details for the ISA Fall Summit November 3-5, 2025 in Memphis. The ISA Fall Summit has evolved over the years, and I am excited about this year's enhancements. The event still has it's bedrock programming for Emerging Leaders, Women in Industry, and the Veterans Empowerment Network of course, but … [Read more...] about ISA Fall Summit is expanding content and tracks for the Industrial Channel
ISA Member Series – Martin Industrial Supply’s Long-term vision
Earlier this month, I had a chance to sit down with David Ruggles from Martin Industrial Supply to discuss a wide range of topics. Where the Channel is headed today, how does Martin Industrial grow the in the short term and long term? As a private company that was willing to share some information, I appreciated the chance to have an on and off-the-record conversation on … [Read more...] about ISA Member Series – Martin Industrial Supply’s Long-term vision
