Posts Tagged ‘ Gross profit ’

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 […]

PGT Innovations Posts Increases Across the Board in Second Quarter

Aug 16th, 2021

A 41% increase in net sales and a 30% increase in net profit are some of the high points from the second-quarter financial results released last week from PGT Innovations. “PGT Innovations achieved sales growth of 41% in the second quarter as we continue to see economic growth across our key markets,” said Jeff Jackson, […]

Masonite Reports Hefty Revenue Increase in Second-Quarter Financials

Aug 13th, 2021

Net sales increased 33% to $662 million versus $500 million. That’s just one of the growth highlights that came out of the recent second-quarter financial results for Masonite International Corp., despite continuing supply chain challenges. Net income attributable to Masonite increased to $35 million from $34 million. “Robust demand in our residential end markets and […]

Record Results for Builders FirstSource in Second Quarter 2021

Aug 10th, 2021

Builders FirstSource Inc. reported its results for the second quarter and six months ended June 30, 2021, all year-over-year comparisons unless otherwise noted, and the company clocked net sales of $5.6 billion for the quarter that increased 186.6%. Builders FirstSource credits this increase on the merger with BMC, commodity inflation, and strong organic growth, which […]

Masonite Reports an “Exceptional Year”

Feb 26th, 2021

“We are extremely pleased with our performance in the fourth quarter and our strong finish to what has been an exceptional year,” said Masonite president and CEO Howard Heckes when announcing the company’s 2020 fourth quarter and full year financial results. The numbers bear this out as net sales increased 16% to $619 million versus […]

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 […]

Increases Across the Board Borne Out in PGT Innovations Latest Financials

Nov 10th, 2020

All indicators are up, according to the third quarter financial results published late last week by PGT Innovations. Net sales increased 20%, to $238 million, including $27 million from the company’s NewSouth acquisition. “PGT Innovations’ third quarter sales reflect strong demand in our key markets, including 7% organic growth and $27 million of sales from […]

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