Miscellaneous durable goods merchant wholesalers (NAICS 423990) industry trends
The miscellaneous durable goods merchant wholesalers industry includes wholesalers that sell sporting, recreational, toy, hobby, jewelry goods and supplies and precious stones and metals. Sporting and recreational goods include billiard supplies and sporting firearms and ammunition. Toy and hobby goods include games, fireworks and playing cards. Jewelry goods and precious stones and metals also include metal flatware, costume jewelry, watches, clocks and silverware. Additionally, the industry includes musical instruments merchant wholesalers, phonograph records merchant wholesalers and timber merchant wholesalers.
The Census Bureau’s most recent data indicates that there are approximately 34,235 firms within this industry. The majority of wholesalers in this industry are jewelry merchant wholesalers.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 3.81 percent. During this time, the average gross profit margin was 33.56 percent.
The graph below shows business statistics for the average company in the miscellaneous durable goods merchant wholesalers industry.