The financials included results for Varis, the company's new B2B marketplace launched during 2022's fourth quarter.
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Lowe's reported that 4Q sales increased slightly year-over-year but decreased sequentially from 3Q 2022.
Former United Hardware President Doug Audette stepped down to pursue other opportunities.
Tamera Fenske joins the company after a 22-year career at 3M, where she most recently served as SVP of manufacturing and supply chain.
Adding the national tile and stone distributor boosts PGS’ offering in the growing commercial flooring market.
Home improvement retailer reports sales of $26.5 billion in its fiscal fourth quarter.