JELD-WEN Holding announced its eighth consecutive quarter of core revenue growth, reporting an 11% increase paired with a net revenue increase of 6.8%, for the period ending June 25. CEO Gary S. Michel says cost inflation and softening retail demand impacted profitability in the second quarter, and that the company must “execute better and consistently […]

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 […]

PGT Innovations Inc. has completed its acquisition of Anlin Windows & Doors, which was initially reported in early September. “This transaction supports our strategic framework for profitable growth by expanding our market presence in the high-growth West Coast region to complement the strong growth we continue to see in our Southeast region,” said Jeff Jackson, […]

With second quarter financials released by many of the industry’s players, Masonite and Jeld-Wen were the latest to release their results this week. CEOs of both organizations addressed how COVID-19 impacted operations. At Masonite, net sales decreased 11% to $500 million in the second quarter versus $563 million in the second quarter of 2019, due […]

Associated Materials, a North American manufacturer and distributor of exterior building products, announced Monday that it has entered into definitive agreements for a series of recapitalization transactions that the company says will de-lever its balance sheet and enhance its liquidity position significantly. Under the transactions, holders of over 99% of the Company’s $675 million 9% […]

Dallas-based Builders FirstSource, building products, prefabricated components, and value-added services supplier for the professional market segment for new residential construction and repair and remodeling released its second quarter (2020) financial results, which include a 2.2% increase  the quarter’s net sales compared to the prior year period. Core organic sales declined 2.1%, excluding acquisitions and commodity […]

After a soft landing in fourth quarter 2018 among North American residential sales, officials for Masonite have confirmed with DWM magazine that the company will close three of its facilities, including those located in Denmark, S.C., Largo, Fla., and Tampa, Fla. A total of approximately 220 employees will be affected—95 in Denmark, 65 in Largo […]