Posts Tagged ‘ decrease ’

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 […]

Jeld-Wen Experiences Revenue Growth, Impacts of Inflation

May 3rd, 2022

Jeld-Wen reports seven consecutive quarters of core revenue growth along with a 7.2% increase in net revenue from the same time last year. However, the company noted in its first-quarter results for 2022 a $26 million decrease in net income from one year prior, primarily resulting from inflation. Net revenue increased by 7.2% to $1,171.0 […]

Quanex Building Products Announces Latest Financials and Future Outlook

Mar 7th, 2022

Quanex Building Products Corp. has announced its results for the three months ended January 31, 2022. The company reported net sales of $267.0 million during the three months ended January 31, 2022, which represents year-over-year growth of 16.0%. The increase was largely attributable to volume increases in the fenestration segments combined with higher prices related […]

Quanex Building Products Reports Record Revenue Growth in FY21

Dec 21st, 2021

Quanex Building Products Corporation reported record revenue growth and earnings for the year, despite continued supply chain challenges and inflation, said George Wilson, president and CEO. “Demand for the products we manufacture remained strong throughout our fiscal year and that continues today,” he added. “Our liquidity position has improved meaningfully over the past year, and […]

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 […]

Builders Point to Material Costs and Interest Rates for Slight Decline in Confidence

Mar 23rd, 2021

With a slight decrease in confidence registering among builders in March, officials for the National Association of Home Builders (NAHB) point to material costs and interest rates as culprits. After attempting to persuade the U.S. Department of Commerce to take action on escalating costs for lumber and other materials, officials for NAHB now say those […]

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