Posts Tagged ‘ financial results ’

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 […]

Quanex Building Products Announces First Quarter Results

Mar 13th, 2023

Quanex Building Products Corp. recently announced financial results for the three months ended January 31, 2023. Many of the numbers were down when compared to the same time frame in 2022, such as net sales, which registered at $261.9 million, versus the $267 million reported for the same period in 2022. The change marks a […]

Fortune Brands, PGT Cite Increases in Second Quarter Including Organic Growth

Jul 29th, 2022

With the second quarter closing this week, financial results from across the industry are making headlines. That includes earnings reports from Fortune Brands and PGT Innovations Inc., both of which announced “strong” performances from April through June 2022. For the second quarter of 2022, Fortune Brands reported sales of $2.1 billion, an increase of 9% […]

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 […]

PGTI Reports 37 Percent Increase in Fourth Quarter

Feb 22nd, 2022

PGT Innovations Inc. recently announced financial results for its fourth quarter and year ended January 1, 2022, which again included sales increases. “We achieved fourth quarter net sales of $304 million, a 37 percent increase, including organic growth of 17 percent,” said Jeff Jackson, president and CEO. “Our fourth quarter performance was driven by actions […]

PGTI Implements Strategies That are Paying Off

Nov 15th, 2021

PGT Innovations Inc., announced financial results for its third quarter ended October 2, 2021, and president and CEO Jeff Jackson reports that measures put into place are having an impact. Net sales increased 26 percent, to $300 million and gross profit increased 20 percent, to $104 million. “Our ongoing efforts to increase manufacturing capacity have […]

Jeld-Wen, Huttig Report Strong 3Q Financial Results

Nov 5th, 2021

Jeld-Wen Holding Inc. and Huttig Building Products Inc. each announced financial results for the third quarter of 2021, with both companies making out better than this time a year ago. Jeld-Wen’s numbers are from three and nine months ended September 25, 2021, and the improved results were—in part—aided by the conclusion of a lawsuit. The […]

Lowes and Home Depot Financial Results Bear Out Focus on Pros

Sep 9th, 2021

When Lowes and Home Depot released their financial results last month, both posted earnings growth, not surprising given the continued growth of homeowners spending money on remodeling projects. But when dissecting the earnings transcripts for both companies, it was a focus on pro customers that dominated conversations, proving this is where both companies are continuing […]

Huttig Building Products Announces Record First Quarter Net Earnings

May 4th, 2021

Huttig Building Products Inc., a domestic distributor of millwork, building materials and wood products, released its financial results for the first quarter ended March 31, 2021. “The continued execution of our strategy combined with strong demand in residential construction resulted in substantial gains in our first quarter operating results,” said Jon Vrabely, president and CEO. […]

Huttig Building Products Releases Fourth Quarter, Full Year 2020 Financial Results

Mar 5th, 2021

Huttig Building Products Inc., a domestic distributor of millwork, building materials and wood products, has released financial results for the fourth quarter and year ended December 31, 2020. “The momentum we generated through the third quarter of 2020 continued and contributed to our solid fourth quarter results,” said Jon Vrabely, president and CEO of Huttig. […]