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2017 Fortune 500 Includes NAED Member Companies

2017 Fortune 500 Includes NAED Member Companies

Fortune Magazine has compiled its 2017 “Fortune 500,” and once again there are a number of NAED members on the list. There are also a number of corporations that that compete with NAED members on the list.

For the fifth straight year, Wal-Mart sits at the top of the Fortune 500 with $485.9 billion in revenue last year. According Fortune president, Alan Murray, Wal-Mart earned double the revenue of the company that finished second on the list, Berkshire Hathaway.

Online giant Amazon came in 12th on the Fortune 500 with $136 billion in revenue during its fiscal year. That’s a 27% increase in revenue from the previous year.

General Electric was 13th on the list with $126.7 billion in revenue. That news comes after GE announced it is selling its lighting business and GE CEO Jeff Immelt announced his retirement.

DIY chain stores Home Depot and Lowe’s finished 23rd and 40th this year. Both are actively pursuing the pro contractor market as a way to increase revenue, and both have reported growing success stories with pro customers.

Grainger is 282 on the Fortune 500 with more than $10 billion in revenue. Last year, Grainger was 285 on the list.

Anixter is the first NAED member company on the Fortune 500. It reported $7.6 billion in revenue, placing it 359th on the Fortune 500. Last year, Anixter was listed as 391st.

HD Supply is 364th on the Fortune 500 with $7.5 billion in revenue. Last year, HD Supply was 320th, marking a 44 spot drop this year.

WESCO International is 373rd on the Fortune 500 for 2017 with $7.3 billion in revenue. It was 357th last year.

Graybar is 420th with $6.385 billion in revenue. It jumps up three places from last year’s 423rd spot.

And Rockwell Automation makes the Fortune 500 in the 442nd spot after earning $5.88 billion in revenue. It dropped from 412th in 2016.

For the complete list of the 2017 Fortune 500, you can click here.

 

 

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