July 24, 2024
Counselor Top 40 Suppliers 2024: No. 6 Hit Promotional Products
Counselor’s exclusive ranking of the suppliers with the most revenue in the promotional products industry.
Hit Promotional Products
(asi/61125)
Company Snapshot
Revenue figures are in $millions
Previous Rank: 6
2023 Revenue: $693.2
2022 Revenue: $610.9
Year-Over-Year Difference: 4.6%
2021 Revenue: $433.8
Top Company Officer: CJ Schmidt, CEO
Year Founded: 1952
Headquarters: Largo, FL
With a lower-priced product line that does particularly well when the economy is volatile and inflation is running high, the revenue for Hit Promotional Products grew almost 5% last year, due mainly, company CEO CJ Schmidt says, “to high stock levels and low lead times.” Schmidt, this year’s Counselor Person of the Year, attributes the company’s ability to outpace the market to his long-standing and vast relationships with Hit’s vendors in China and Hong Kong, and his first-class team, such as industry veteran Jon Norris – this year promoted to chief strategy officer after only 18 months with the company – and tech exec Amy Rabideau, hired earlier this month.