Monday, August 15, 2011

Big Wholesaler Corps 2Q 2011 Superb Whole-scale Earnings Growth

I found 8 Big Non-Health Care Wholesaler Corps with Pretax Income of at least $100 mil in the most recent quarter.

These 8 Big Non-Health Care Wholesaler Corps generated Total Pretax Income growth of a very robust 27% in the 2Q 2011.

Below here are these 2Q 2011 Pretax Earnings (PTI), along with a comparison with the prior year’s quarter amounts.

...........................................................................Increase
................................................PTI........PTI.......(Decrease)
.................................................2Q.........2Q..................
...............................................2011......2010....Amount....%
.................................................(millions of dollars)

Wholesale Food & Grocery
Sysco(1).........................TX.....535........507.........28.......6%
CHS(2)...........................MN.....345........181........164.....91%
Total of 2 Food & Grocery........880........688........192.....28%

Wholesale Diversified
WW Grainger...................IL......264........213.........51.....24%
Genuine Parts..................GA....242........201.........41.....20%
Reliance Steel&Alum.......CA.....154.........97.........57.....59%
Airgas.............................PA.....121........106.........15.....14%
Total of 4 Diversified.................781.......617.......164.....27%

Wholesale Electronics
Avnet..............................AZ.....250........200.........50.....25%
Arrow Electronics...........NY.....223........170.........53.....31%
Total of 2 Electronics................473........370........103.....28%

Total of all 8............................2,134.....1,675........459.....27%

(1) Sysco 2010 PTI excludes effect of 13 weeks reporting to comparable 12 weeks reporting.
(2) CHS 2011 PTI excludes Gain on Sale of Mutigrain AG.