Posts Tagged ‘ financial results ’

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. […]

Jeld-Wen Reports Increases in Fourth Quarter and a Strong 2021 Outlook

Feb 18th, 2021

The news was good for Jeld-Wen in the fourth quarter, and the full year for 2020, according to the company’s latest financial results announced this week. Net revenue increased by 7.7% to $1,151.3 million for the fourth quarter, driven primarily by a 5% increase in core revenue. And although net revenue decreased 1.3% for the full […]

Fortune Brands Sees Sales Growth in Q4 and 2019 Overall

Jan 30th, 2020

Fortune Brands Home and Security (FBHS), parent company to Therma-Tru, released its fourth quarter results revealing positive gains for both the quarter year-over-year and the year 2019 overall. “Our strong results during the fourth quarter reflect our team’s ability to execute well in a housing market with modest growth and tariff challenges,” said CEO Nicholas […]

Door and Window Companies Optimistic After Lower Performance in 3Q

Nov 15th, 2019

Three prominent door and window companies released their financial results for third-quarter 2019—all revealing a flat return or decrease in net sales. Jeld-Wen, PGT Innovations (PGTI) and Masonite all saw low performances, but officials remain optimistic due to some factors. Jeld-Wen’s third-quarter results were in line with its preliminary results announced on October 10, predicting […]

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