Posts Tagged ‘ third quarter ’

Will Higher Home Prices Slow the Pace for Doors and Windows?

Feb 14th, 2024

In the third quarter of 2023, rising mortgage rates, elevated construction costs and a limited inventory of homes pushed housing affordability to its lowest level in more than a decade. Meanwhile, new fourth-quarter statistics show little improvement. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released last week, just […]

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 […]

Masonite Reports Net Sales Increase While Labor and Logistical Challenges Remain

Nov 15th, 2021

Masonite International Corp. reported net sales increased 11% to $652 million for the third quarter of 2021, versus $588 million for the previous year. Net income attributable to Masonite increased to $38 million from a $22 million loss. “We delivered another quarter of year-on-year net sales growth as a result of favorable pricing actions across […]

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 […]