HARDI Distributors Report 11% Revenue Increase in October

Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing sales by HARDI distributors increased by 11% during October 2024.

The annual sales growth for the 12 months through October 2024 is an increase of 3%.

“11% is a nice start to the first month of heating season, but it was helped by one more billing day than October of 2023,” said HARDI Macroeconomic & Residential Market Analyst Brian Loftus. “We estimate the sales growth would have been 6.2% with the same number of billing days. That is the best monthly sales growth of 2024 when comparing the growth rates with the same number of billing days.”

For more information, visit hardinet.org.