Posts Tagged ‘ Net income ’

DWM Companies Continue to Report Strong Third Quarter Earnings

Nov 29th, 2022

Much like Jeld-Wen and Masonite PGT Innovations and Builders FirstSource issued third-quarter earnings earlier this month that show both companies are performing fairly well financially. Florida-based PGT Innovations Inc. (PGTI), net third quarter sales totaled $386 million, an increase of 28% (including organic growth of 17%) compared to the third quarter of 2021. In that […]

Masonite to ‘Closely Monitor’ North American Residential Market After Q2 Results

Aug 9th, 2022

Masonite International Corporation reports a 15% increase in year-over-year net sales, from $662 million to $762 million, for the second quarter of 2022. With net income for the quarter recorded at $59 million, an increase of 67% from this time last year, president and CEO Howard Heckes called his company’s performance “solid.” According to Masonite, […]

Fortune Brands, PGT Cite Increases in Second Quarter Including Organic Growth

Jul 29th, 2022

With the second quarter closing this week, financial results from across the industry are making headlines. That includes earnings reports from Fortune Brands and PGT Innovations Inc., both of which announced “strong” performances from April through June 2022. For the second quarter of 2022, Fortune Brands reported sales of $2.1 billion, an increase of 9% […]

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 […]

Builders FirstSource Reports Record Fourth Quarter and Full Year 2021 Results

Mar 4th, 2022

Builders FirstSource, Inc. has reported its results for the fourth quarter and full year ended December 31, 2021. The company reports net sales of $4.6 billion for the quarter, an increase of 83.1% compared to a year previous, and a gross profit of $1.5 billion showed an increase of 122%. Builders FirstSource says those numbers […]

Jeld-Wen Reports 2021 Growth

Feb 24th, 2022

Jeld-Wen Holding Inc. announced full-year financial results for 2021, which saw net revenue for the 12 months ended December 31, 2021, increase by $536.0 million, or 12.7%, to $4.772 billion, compared to $4.236 billion for the same period the prior year. Net income increased by $77.2 million, or 84.3%, to $168.8 million, compared to $91.6 […]

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 […]

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 […]

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 […]

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 […]

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