HARDI Distributors Report 1.9% Revenue Increase

Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing sales by HARDI distributors increased by 1.9% during June 2024.

The annual sales growth for the 12 months through June 2024 is an increase of 2.5%.

“It was warmer than normal in all seven of our regions during June, and there were twice as many cooling degree days than the prior year in four of our regions,” said HARDI Macroeconomic & Residential Market Analyst Brian Loftus. “Another big difference is there were two fewer billing days than last year.  We estimate the sales growth would have been closer to 12% with the same number of billing days.”