Posts Tagged ‘ net sales ’

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 […]

Quanex Building Products Announces Latest Financials and Future Outlook

Mar 7th, 2022

Quanex Building Products Corp. has announced its results for the three months ended January 31, 2022. The company reported net sales of $267.0 million during the three months ended January 31, 2022, which represents year-over-year growth of 16.0%. The increase was largely attributable to volume increases in the fenestration segments combined with higher prices related […]

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 […]

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 […]

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 […]

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