Posts Tagged ‘ Adjusted EBITDA ’

First-Quarter Results Show Decreases for Doors and Windows. But What About Hardware?

May 9th, 2024

Publicly traded door and window companies released their first-quarter financial results this week showing decreases in net sales among door and window manufacturers. Meanwhile, Fortune Brands Innovations added a bright spot for hardware, showing a 9% increase year over year in its security products sector. Builders FirstSource squeaked out a win with a 0.2% year-over-year […]

Masonite’s Q2 Net Sales Decline; Sees ‘Great’ Future Potential

Aug 17th, 2023

Masonite International Corp. reports that net sales declined by 3% year-over-year in the second quarter of 2023 (2Q23). Masonite CFO and executive vice president Russell Tiejema says the decline was expected, as resiliency in the market for new housing was offset by a weaker demand for repairs and remodels. Financial data indicates that the Tampa-based […]

Quanex ‘Cautiously Optimistic’ About the Second Half of 2023

Jun 7th, 2023

Quanex Building Products Corp. is among the first door and window related companies to file financial results for the second quarter of 2023, reporting improved demand across all product lines. Based on those results, president and CEO George Wilson says the company remains confident that a return to normal seasonality is in store for the […]

PGTI Reports “Strong” First Quarter 2023 Results

May 15th, 2023

PGT Innovations Inc. (PGTI) has announced first-quarter financial results for the period ended April 1, 2023. Among those results are net sales, which are reported to have totaled $377 million, an increase of 5% over the same time frame last year. The company’s net income reportedly was $34 million, an increase of 44% over last […]

Deceuninck Group Reports Third Consecutive Year of Record EBITDA

Apr 3rd, 2023

Deceuninck Group recently reported that in fiscal year 2022, it recorded a third consecutive year of record EBITDA, maintaining a profitable growth trajectory across all regions, including Deceuninck North America. The company reports that its North American arm generated $236M in sales, up from $219M in 2021, and adjusted EBITDA of $21.4M. Sales across all […]

Fourth-Quarter and Year-End Results Mostly Positive, Despite Challenging Year

Feb 27th, 2023

Four publicly traded door and window companies released financial results last week, showing mostly solid fourth-quarter and year-end results. Despite a housing market that slumped throughout 2022, net sales were up for Masonite and PGT Innovations in the fourth quarter. Meanwhile, reports from Fortune Brands Innovations (including Therma-Tru, Larson and Master Lock) weren’t as strong, […]

DWM Companies Continue to Report Strong Third Quarter Earnings

Nov 29th, 2022

Much like Jeld-Wen and Masonite PGT Innovations and Builders FirstSource issued third-quarter earnings earlier this month that show both companies are performing fairly well financially. Florida-based PGT Innovations Inc. (PGTI), net third quarter sales totaled $386 million, an increase of 28% (including organic growth of 17%) compared to the third quarter of 2021. In that […]

Jeld-Wen, Masonite Report Third Quarter Increases

Nov 8th, 2022

Third-quarter financial reports are rolling in and at least two major players in the door and window manufacturing industry are reporting similar, steady increases over last year’s third quarter. Jeld-Wen Holdings closed its third quarter on September 24 and dropped the report on Halloween. The company reports a 13% increase in net revenue, resulting in […]

Masonite to ‘Closely Monitor’ North American Residential Market After Q2 Results

Aug 9th, 2022

Masonite International Corporation reports a 15% increase in year-over-year net sales, from $662 million to $762 million, for the second quarter of 2022. With net income for the quarter recorded at $59 million, an increase of 67% from this time last year, president and CEO Howard Heckes called his company’s performance “solid.” According to Masonite, […]

Masonite Reports “Exceptional Start” to 2022

May 10th, 2022

Last week, Masonite International Corporation announced results for the three months ended April 3, 2022. The company reports that its net sales were up 12% year over year, from $646 million in the first quarter of 2021 to $726 million. The increase resulted from a 15% increase in average unit price (AUP), partially offset by […]