Jul. 10 at 4:37 PM
$AIT up 31.5% over the past year, despite weakness in Service Center Based Distribution. 📈
The Engineered Solutions segment saw a 13.5% YoY revenue boost, fueled by tech-driven fluid power demand. Plus, strategic acquisitions like IRIS and Hydradyne are set to enhance automation and fluid power offerings.
Discover the full story behind AIT's growth engine here 👉 https://www.zacks.com/stock/news/2571478/applied-industrial-gains-from-business-strength-amid-headwinds?cid=sm-stocktwits-2-2571478-body-1201&ADID=SYND_STOCKTWITS_TWEET_2_2571478_BODY_1201