HARDI Distributors Report 6.7% Revenue Increase in July

FOR IMMEDIATE RELEASE

Contact: Allison Greene, HARDI Director of Marketing & Events

Email: agreene@hardinet.org

Direct: 614.345.4328

HARDI Distributors Report 6.7% Revenue Increase in July

COLUMBUS, OH – Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing sales by HARDI distributors increased by 6.7% during July 2026.

The annual sales growth for the 12 months through July 2026 is an increase of 2.7%.

“The 6.7% sales growth during July is the best monthly gain of the year, when comparing growth with the same number of billing days,” said Brian Loftus, Senior Market Analyst at HARDI. “The good report is not telling us much about the market. The strongest regions had the biggest cooling degree day increases, and the weakest regions had big cooling degree day declines.”

HARDI’s monthly distributor sales survey also calculates Days Sales Outstanding or DSO which is a measure of how quickly customers pay their bills. The DSO for July 2026 was less than 37 days and comparable to July 2025. “End market demand has been subdued for more than two years. The steady DSO indicates the market is not deteriorating.”

“The housing market has been depressed, like consumer sentiment which is under pressure from stubborn inflation,” said Loftus. “The market is due for a change. We would have more confidence that signs of improvement could endure if inflation and interest rates would subside.”

HARDI members do not receive financial compensation in exchange for their monthly sales data and can discontinue their participation without prior notice or penalty. Participation is voluntary, and the depth of market coverage varies from region to region. An independent entity collects and compiles the data that can include products not directly associated with the HVACR industry.

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ABOUT HARDI

HARDI (Heating, Air-conditioning, and Refrigeration Distributors International) is the single voice of wholesale distribution within the North American and Latin American HVACR markets.

A non-profit association, HARDI serves its members through government affairs and advocacy efforts, market intelligence and benchmarking, training programs, and world-class events. HARDI proudly represents more than 570 distributor members and their 5,000+ branch locations, and close to 600 suppliers, manufacturer representatives, and service vendors. HARDI Distributor members serve installation and service/replacement contractors in residential and commercial markets, as well as commercial/industrial and institutional maintenance staff. HARDI Affiliate members market, distribute, and support heating, air-conditioning, and refrigeration equipment, parts, and supplies.

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