After three years of “unprecedented growth” for the home improvement sector, Home Depot reports that its figures for the first quarter of 2023 are down from Q1 2022. The big box retailer reports sales of $37.3 billion for the first quarter of 2023, marking a 4.2% decrease from the same time last year. Comparable sales […]

Deceuninck Group recently reported that in fiscal year 2022, it recorded a third consecutive year of record EBITDA, maintaining a profitable growth trajectory across all regions, including Deceuninck North America. The company reports that its North American arm generated $236M in sales, up from $219M in 2021, and adjusted EBITDA of $21.4M. Sales across all […]

“I hope you get nothing but $#!%@ unskilled workers who quit after two weeks.” — Amber B. Wow, Amber B. didn’t hold back, did she? And she’s not alone. “These people are idiots … Maybe they would be more popular if they would take their head out of their butts.” —Brad F. “Shark Tank ain’t […]

Data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau just before Christmas shows that sales of newly built, single-family homes in November increased 5.8% to a seasonally adjusted annual rate of 640,000. At the same time, on a year-to-date basis, new home sales are down 15.2%. The National […]

It’s November already! With the year winding down and the demand curve leveling out, many window and door fabricators are getting caught up on back orders. Before you know it, spring of 2023 will be here. Even with reports of new COVID strains in the news, it is quite apparent that public life is almost […]

Many window manufacturers are reporting that sales are slowing down. The last few years we really didn’t have to worry about demand. We had other things to deal with like supply chain. Now, many fabricators are finally seeing a slowdown and are feeling uncertain about 2023. Well, when it comes to demand, it would be […]

The National Association of Homebuilders (NAHB) reports that builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges. In another sign that a declining housing market has failed to bottom out, builder confidence in the market for […]

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released on Monday, shows that builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic. In a further sign of a weakening housing market, builder confidence in the market for […]

A frequent misstep we see when working with home improvement and remodeling companies is the process they undertake when confirming sales appointments. While it is critical to have a defined process in setting the appointment, it is equally important to follow up prior to the appointment to remind them of your upcoming visit and reinforce […]

NSG Group, parent company to Pilkington, saw a 25% increase in architectural glass revenues in the most recent quarter compared to the same period last year, according to its latest financial report. NSG reports sales in this segment totaled $544 million in its second-quarter fiscal year 2022, which represents the months of July-September 2021. The […]