Posts Tagged ‘ inflation ’

A Paradigm Shift is Just Ahead- Market Research May Be the Answer

Jun 23rd, 2022

Right now, window and door fabricators live in a world where creating demand for their products is no issue. The day-to-day challenges of their business are driven by supply chain issues, labor shortages and long lead times associated with new equipment. But with inflation on the rise, interest-rate hikes being doled out by the Fed […]

Feds Step in to Address Inflation, Supply Chain and Energy Conservation

Jun 21st, 2022

Discussion of rising fuel and inflation prices made its way into the recent meeting of the Fenestration and Glazing Industry Alliance (FGIA) as the industry continues to grapple with rising costs. Kathy Krafka Harkema, U.S. technical operations director, provided an overview of inflation and other obstacles, at FGIA’s 2022 Virtual Summer Conference the week of […]

Federal Reserve Hikes Interest Rates By 0.75% to Combat Rising Inflation

Jun 17th, 2022

The Federal Reserve raised the stakes in the fight to combat rising inflation on Wednesday, hiking interest rates by 0.75% in an effort to douse cold water on historic inflation. Door and window industry executives say the increase is necessary but it is likely to test companies’ resolve. Recording-Breaking Rates The rate hike is the […]

Quanex Building Products Reports Record Quarter in FY22

Jun 6th, 2022

Despite inflation and supply chain challenges, Quanex Building Products Corp. saw a record second quarter. George Wilson, president and CEO, said the company had noticeable revenue growth and improved profitability. “Demand for our products was better than expected during the second quarter, and we started to see the benefit of our pass-through pricing strategy,” said […]

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 […]

Door and Window Industry Carries Positive Outlook into 2022

Mar 4th, 2022

Over the past two years, the pandemic has been no match for the U.S. fenestration industry and the broader residential construction/renovation market as a whole. 2022 is shaping out in similar fashion. New Construction New single family construction starts, a key indicator of door and window demand in new construction, recorded a second-straight year of […]

As Housing Cools to a Normal Pace, Here’s What to Watch

Jan 27th, 2022

While the impacts of COVID-19 have worked to “cool off” the new homes market, analysts at the National Association of Home Builders (NAHB) predict total housing starts for the single-family market are expected to continue growing, albeit at more modest patterns. The association predicts an increase from around 1,099,000 units in 2021 to 1,110,000 in […]

Homebuilder Confidence Edges Lower on Inflation Concerns

Jan 21st, 2022

A four-month rise in homebuilder sentiment has “snapped,” the National Association of Homebuilders (NAHB) said this week, citing growing inflation concerns and ongoing supply chain disruptions, though the association says consumer demand remains robust. According to the NAHB/Wells Fargo Housing Market Index (HMI) released on Tuesday, builder confidence in the market for newly built single-family […]

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 […]

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