Builders FirstSource opened 2026 with another year-over-year sales decline as weak housing starts, commodity deflation and lower operating leverage pressured margins and earnings, though acquisitions and share repurchases provided some offset.
Latest In News
Government spending and private investment increased sequentially, and AI-related spending helped drive strong growth in business investment in equipment and structures.
The company saw record 1Q sales and backlog while margins and EBITDA improved, leading to a raised full-year outlook.
It suggests solid growth for homebuilding throughout 1Q26 and into April.
The Fed held rates steady again on April 29, maintaining a wait-and-see stance on inflation. The decision likely marks Jerome Powell’s final FOMC meeting as chair, extending a prolonged pause with implications for distributor demand and investment.
The company pointed to continued broad end-market growth both year-over-year and sequentially, while pricing advanced primarily in memory-related products.
The electrical and industrial distributor keeps breaking company sales and profit records.
The deal is set to expand Nexans' U.S. footprint and low-voltage cable capabilities while leveraging Republic’s distributor network to build a broader North American growth platform.
The company’s January-March results indicated demand momentum. Meanwhile, Applied raised its annual outlook.
All three company geographies were in positive sales territory for the first time in 11 quarters. Meanwhile, the company closed on a Canadian acquisition that added about $61 million of revenue.
The company noted consistent product demand in the quarter, while it closed on two tuck-in acquisitions.
The deal nets Watsco 25 Sunbelt locations and $230 million in added revenue.
Metrics from 1Q26 cargo theft show changing dynamics for where and what is being stolen.
Chef’s Deal spotlights its 400+ manufacturer network and design-build model, positioning its inventory depth and integrated services as key differentiators in streamlining commercial kitchen projects from concept through installation.
Some employees may ultimately transition to roles under new ownership depending on final deal structures.
Fairport, NY-based WorldWide Electric Corporation specializes in the manufacturing of electric motors, motor controls, gear reducers and generators.
Two new lawsuits filed in April expand antitrust claims against major HVAC OEMs, alleging a multi-year price-fixing scheme that overcharged contractors and distributors — building on a similar class action first filed in March.
The fasteners master distributor also appointed two other executives, including a longtime Fastenal veteran.
The WWS unit generated roughly $935 million in 2025 revenue and will operate as a standalone company under American Industrial Partners.
Gravis continues its acquisition push with its second deal in two months, adding Montreal-based Western Packaging Solutions to expand its Canadian footprint and strengthen its bulk packaging platform.
