NAFCD Members Sales Up for First Months of 2015

Chicago, IL, July 22, 2015—NAFCD distributors and manufacturers are reporting a 10% and 4% increase in sales respectively for early 2015, according to the 2015 NAFCD Quarterly Sales Trends Report.

April was a strong month for respondents and 2015 growth targets have increased with 75% of distributors increasing their 2Q goals over the past few months.

Distributor sales growth targets remain up 6% in 2015, similar to forecasts put in place earlier this year, and roughly two points higher than 2014 actual growth (up 4%). However, NAFCD distributors remain cautious in total with nearly 30% reducing forecasts for 2Q in 2015.

The report indicated that manufacturers now expect sales to improve more than 15% in 2015, roughly three points higher than forecasts earlier this year and actual 2014 sales (up 12%).