Posts Tagged ‘ 2021 ’

IBS Returns to Full Force, Decking the Halls With More Doors Than Windows

Feb 1st, 2023

If there were a theme song for this year’s International Builders Show (IBS), it might be Bruce Springsteen’s “Glory Days.” Except in this case, they aren’t passing by so much as they appear to be returning. After a tumultuous experience with a virtual format in 2021 and a subdued in-person turnout in 2022, the show […]

The Forecast for 2023? A 50/50 Chance of Pane

Jan 5th, 2023

Forecasts are tough. Don’t you just love it when the weatherman calls for a 50% chance of rain? How can he be right? How can he be wrong? So, let’s talk about the forecast for the door and window industry. Overall, 2022 proved to be a very good year with most door and window fabricators […]

PPI: Year-Over-Year Price Increases Continue

Aug 12th, 2022

The June 2022 Producer Price Index (PPI) from the U.S. Bureau of Labor Statistics (BLS) shows mostly slight increases in pricing from May 2022 but continued substantial increases in prices from the same period in 2021. In June, the monthly PPI for flat glass in the commodity category rose 0.1% from the previous month and […]

Builders FirstSource Reports Record Fourth Quarter and Full Year 2021 Results

Mar 4th, 2022

Builders FirstSource, Inc. has reported its results for the fourth quarter and full year ended December 31, 2021. The company reports net sales of $4.6 billion for the quarter, an increase of 83.1% compared to a year previous, and a gross profit of $1.5 billion showed an increase of 122%. Builders FirstSource says those numbers […]

Huttig Building Products Reports Record Fourth Quarter And Full Year Net Income

Mar 4th, 2022

Huttig Building Products Inc., a domestic distributor of millwork, building materials and wood products, has reported financial results for the fourth quarter and year ended December 31, 2021. In the fourth quarter of 2021, the company’s net sales were $230.4 million, which were $45.8 million, or 24.8%, higher than the fourth quarter of 2020. The […]

Jeld-Wen Reports 2021 Growth

Feb 24th, 2022

Jeld-Wen Holding Inc. announced full-year financial results for 2021, which saw net revenue for the 12 months ended December 31, 2021, increase by $536.0 million, or 12.7%, to $4.772 billion, compared to $4.236 billion for the same period the prior year. Net income increased by $77.2 million, or 84.3%, to $168.8 million, compared to $91.6 […]

Fortune Brands Reports 2021 Growth

Feb 4th, 2022

Fortune Brands Home & Security Inc., a home and security products company, announced full-year financial results for 2021, which include $7.7 billion in sales, an increase of approximately 26% over 2020. Operating income was $1.1 billion, compared to $801.4 million in the prior year, an increase of 36%. “Our teams’ performance was exemplary in 2021,” […]