After three years of “unprecedented growth” for the home improvement sector, Home Depot reports that its figures for the first quarter of 2023 are down from Q1 2022. The big box retailer reports sales of $37.3 billion for the first quarter of 2023, marking a 4.2% decrease from the same time last year. Comparable sales […]

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 […]

Along with its report for the first quarter of 2022, home and security products company Fortune Brands Home & Security Inc., headquartered in Deerfield, Ill., announced a split into two publicly-traded companies. Fortune Brands announced on Thursday, April 28 that the split comes with the pursuit of a tax-free spinoff for its cabinets business. New […]

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. […]

AGC Inc.’s total net sales and net sales for its glass segment were down in the first quarter of 2020 compared to the first quarter of 2019. That’s according to the company’s first quarter 2020 consolidated financial results. For the three months ended March 31, 2020, AGC’s net sales were $3.33 billion*, down 1.1% from […]

Fortune Brands Home and Security (FBHS), parent company to Therma-Tru, released its first quarter 2020 results, showing how COVID-19 impacted the company. “Despite strong sales and profit growth in the first quarter, we began to proactively take steps to rigorously manage cash and expenses and further strengthen our balance sheet to manage any impact of […]

Builders FirstSource Inc. (BFS) reported its results for the first quarter ending March 31, 2020. According to the company’s financial report, net sales increased by 9.5%. Meanwhile, its acquisitions contributed to a growth of 3.5%, the company reports. The company also focused on the role of COVID-19 in its first-quarter results. “Our thoughts are with […]