Net sales increased 7% year-over-year in 3Q, down significantly from 2Q sales growth of 24.4%.
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The acquisition brings Colony Hardware to nearly 60 locations across the U.S.
The company's sales slowed considerably in the second half of the year amid tougher comps and a slumping single-family housing market.
France-based Saint-Gobain saw the Americas become its largest region in terms of operating income in 2022.
We break down the building supplies distributors' 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
JELD-WEN's revenue in its North America segment increased 15.2% in 2022.
Despite the decline in January, backlog remains elevated by historical standards and is 0.1 months higher than in February 2020.
Each location carries a full line of residential and commercial roofing products, as well as other exterior building products.
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
GMS has added several material-handling trucks equipped with battery-powered hydraulic cranes to its distribution fleet.
SRS has acquired Marsh and its eight locations in Ohio and Kentucky.
See how the building materials distributor plans to considerably grow beyond its current footprint of 310 nationwide facilities this year.
Kirby-Smith will sell, service and rent Thompson Pump products in Oklahoma and Texas as part of the deal.
The acquisition is expected to close in the first quarter of 2023.
Started in a vacant basement, 84 Lumber has expanded to become the United States' largest privately-owned building materials distributor.
The Pennslyvania-based independent distributor of specialty building materials will wind down operations over the next few months, ending operations on March 31. It will impact 130 employees across five locations.
Masonite and Endura have been partners for more than 25 years in the door industry.
The project could create nearly 200 new jobs, according to the state Department of Economic and Community Development.
Beacon announced the acquisitions of Whitney Building Products and First Coastal Exteriors a day apart.
November's seasonally adjusted annual rate of $1.8075 trillion was 0.2% above the revised October rate.
