A big national distributor of pipe, valve and fitting products is now doing nearly half of all North American sales online.
For the second quarter ended June 30, MRC Global Inc. reported total sales of $686.0 million, an increase of 14% from total sales of $602.0 million in the second quarter of 2020. Net income was $4 million, compared with a loss of $281 million in the second quarter of the prior year.
In Q2, North American sales totaled about $588.0 million, of which 48%, or about $276.4 million, was done through MRC’s ecommerce channel, the company says. Overall, ecommerce accounted for about 40%, or $274.4 million, of all Q2 sales, MRC says.
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