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HARDI Distributors Report 19.2% Percent Revenue Decline in April

Last week we released our monthly TRENDS report, showing the average sales performance by HARDI distributors was a decrease of 19.2% percent during April 2020. The average annual sales growth for the 12 months through April 2020 is 1.3 percent. “April’s decline reflected the COVID-19 disruptions with sales declines of 40% to 50% in the hot zones of the Northeast and Mid-Atlantic regions,” said HARDI Market Research & Benchmarking Analyst Brian Loftus. “The decline is… Read More

HARDI Distributors Report 3.7% Percent Revenue Growth in March

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 3.7% percent during March 2020. The average annual sales growth for the 12 months through March 2020 is 4.1 percent. “March was a confusing month because the historic surge of initial unemployment claims began during the week of the sixteenth, the growth for the month looks weak in a couple… Read More

HARDI Distributors Report 11.9% Percent Revenue Growth in September

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 11.9% percent during September 2019. The average annualized sales growth for the 12 months through September 2019 is 7.4 percent. “Sales growth for the month near 12% looks good when realize it is being compared against a strong prior year when temperatures across much of the country were above normal in… Read More