HARDI Distributors Report 24.8% Revenue Increase in August
COLUMBUS, Ohio — Heating, Air-conditioning & Refrigeration Distributors International (HARDI)
released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of
24.8% during August 2022.
The average annual sales growth for the 12 months through August 2022 is 24.2%.
“The August sales growth was helped by an extra billing day. We estimate the sales growth would have been closer to
19% with the same number of billing days,” said HARDI Market Research & Benchmarking Analyst Brian Loftus. “This
sales growth is helped by passing through price increases of more than 20%. Those increases have also been supporting
the annual growth rate that has been steady near this pace for nine months.”