• ADI Global Distribution swung to a third-quarter 2026 net loss of $655 million, including a $659 million noncash goodwill impairment charge.
• Net revenue rose 9% year over year to $1.31 billion, benefiting from two additional selling days.
• Management expects approximately $60 million in annualized gross cost savings by year-end 2026.
• The full-year 2026 outlook was lowered to reflect third-quarter performance and further Exclusive Brands weakness in October.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ADI Global Distribution Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261112054867) on November 12, 2026, and is solely responsible for the information contained therein.