Posts Tagged ‘ PGT Innovations Inc. ’

PGT Innovations Announces Over $11 Million in Grant of Equity to Team Members

Sep 13th, 2023

PGT Innovations Inc. recently announced a grant of equity to all eligible PGT Innovations team members based on each employee’s tenure. “PGT Innovations has experienced significant growth over the past four years, and we are committed to the strategy of expanding our family of brands and transforming manufacturing operations,” said Jeff Jackson, president and CEO. […]

PGTI Reports “Strong” First Quarter 2023 Results

May 15th, 2023

PGT Innovations Inc. (PGTI) has announced first-quarter financial results for the period ended April 1, 2023. Among those results are net sales, which are reported to have totaled $377 million, an increase of 5% over the same time frame last year. The company’s net income reportedly was $34 million, an increase of 44% over last […]

Recent Financial Reports Reiterate Positive Outlook

Feb 13th, 2023

While most publicly traded door and window companies won’t announce fourth-quarter results until late February, a third-quarter report filed last week by NSG Group (parent company to Pilkington) shows what officials are calling a “remarkable” revenue increase from architectural glass for the period ending March 31, 2023. The news from NSG adds to another third-quarter […]

PGT Innovations Acquires Martin Door

Oct 18th, 2022

PGT Innovations Inc., has announced that it has acquired Martin Door Holdings Inc., a custom manufacturer of premium overhead garage doors and hardware serving the Western U.S. residential and commercial markets. The transaction is part of PGT Innovations’ move into adjacent building product categories that complement its current portfolio of door and window brands. The […]

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% […]

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 […]

PGT Innovations’ Acquisition of Anlin Windows & Doors Complete

Nov 1st, 2021

PGT Innovations Inc. has completed its acquisition of Anlin Windows & Doors, which was initially reported in early September. “This transaction supports our strategic framework for profitable growth by expanding our market presence in the high-growth West Coast region to complement the strong growth we continue to see in our Southeast region,” said Jeff Jackson, […]

PGT Innovations to Acquire Majority Ownership Stake in Eco Window Systems

Jan 11th, 2021

PGT Innovations, Inc., announced that it has signed a definitive agreement to acquire a 75% ownership stake in Eco Window Systems and its related companies for a purchase price of $108 million, subject to closing adjustments. Eco is manufacturer and installer of aluminum, impact-resistant windows and doors serving the South Florida region. “Eco has strong […]

PGT Reports Solid Growth Despite COVID-19 Outbreak in First Quarter

May 16th, 2020

The first quarter in 2020 has concluded for several industry businesses including PGT Innovations Inc. (PGT) who recently reported its gains for the three month period, which ended April 4, 2020. The report highlighted its net sales growth, which increased by 27%, which represents $220 million. “We started the year by achieving significant sales growth, […]

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