Builders FirstSource OKs $1B Stock Buyback Plan
The building materials distributor says its board of directors has authorized the company to repurchase $1 billion of its common shares.
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2022
After 4Q Report, Pentair Announces Dividend
The water treatment and sustainability provider says it will pay a regular quarterly cash dividend of $0.21 per share in May.
After 4Q Report, Pentair Announces Dividend Read More »
Masonite Annual Sales Reach $2.6B
The manufacturer and distributor of interior and exterior doors says annual sales were 15% above 2020, while 4Q sales rose 2.8%.
Masonite Annual Sales Reach $2.6B Read More »
Partnership Skills for Industrial Buyers and Sellers
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Barnes Group 4Q Sales Rise 8%
The Connecticut-based industrial and aerospace manufacturer and service provider reported 2021 fourth-quarter sales of $311 million.
Barnes Group 4Q Sales Rise 8% Read More »
Avnet Announces Regular Dividend
The Phoenix-based company’s board of directors recently approved a regular quarterly cash dividend of $0.26 per share.
Avnet Announces Regular Dividend Read More »
January Materials Prices Jump 20%
Construction material costs soared between January 2021 and January 2022, according to an analysis of recently released government data.
January Materials Prices Jump 20% Read More »
TriMas Declares Quarterly Dividend
The Michigan-based manufacturer of engineered and applied products declared a quarterly cash dividend of $0.04 per share.
TriMas Declares Quarterly Dividend Read More »
GPC 2021 Sales Top $18B
Genuine Parts Company also reported 2021 fourth-quarter sales of $4.8 billion, a 13% increase over the same period in 2020.
GPC 2021 Sales Top $18B Read More »
US Foods 4Q Sales Jump 24.5%
US Foods Holding Corp. reported 2021 fourth-quarter sales of $7.6 billion and year-end sales of $29.5 billion.
US Foods 4Q Sales Jump 24.5% Read More »
Fortive to Repurchase Up to 20M Shares
Fortive Corp. says its board authorized a repurchase program under, which Fortive may purchase up to 20 million shares of its common stock.
Fortive to Repurchase Up to 20M Shares Read More »
SiteOne 4Q Sales Up 19%
The Roswell, Georgia-based landscape company also reported 2021 year-end net sales of $3.48 billion, a 29% jump over 2020.
SiteOne 4Q Sales Up 19% Read More »
Resideo Acquires Arrow Wire & Cable
The global provider of security solutions and security and audio-visual products announced it has acquired the California-based company.
Resideo Acquires Arrow Wire & Cable Read More »
New Residential Construction Up in January
Privately‐owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of nearly 1.9 million.
New Residential Construction Up in January Read More »
Trade Sales and Manufacturers’ Shipments Drop in December
The Census Bureau says the combined value of distributive trade sales and manufacturers’ shipments for December dropped 0.7% from November.
Trade Sales and Manufacturers’ Shipments Drop in December Read More »
Advance Retail, Food Services Sales Rise in January
Advance estimates of U.S. retail and food services sales for January were $649.8 billion, an increase of 3.8% from December.
Advance Retail, Food Services Sales Rise in January Read More »
Pool Corp. 4Q Sales Reach $1B
The company’s net sales for the fourth quarter of 2021 reached a ‘record’ $1 billion, while total yearly sales topped $5 billion.
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Deep Dive: In Pursuit of Proximity
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Ace Hardware Yearly Revenue Up 10.7%
Ace Hardware Corporation reported record 2021 total revenues of $8.6 billion and 4Q revenues of $2.1 billion.
Ace Hardware Yearly Revenue Up 10.7% Read More »
Wholesale Inflation Up 9.7% in January
Price pressure trends continue as last month’s wholesale inflation was 9.7% higher than January 2021, the Bureau of Labor Statistics said.
Wholesale Inflation Up 9.7% in January Read More »
