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Economists had expected December's starts to be flat vs. November.
It topped consensus estimates by a healthy margin, though December’s gain was revised lower.
Meanwhile, the hardware products distributor’s annual sales hit a new company record.
Watsco's seasonally heavy 4Q reflected continued lower sales and volumes post-A2L transition, offset by higher prices helping to boost margins.
Tencara adds product depth and technical expertise to serve Western Pennsylvania, Eastern Ohio and West Virginia.
The company expects single- and multi-family starts to be flat across all geographies in 2026, with projected annual sales growth in line with that.
ETS strengthens Aberdeen’s presence in fluid power and sealing markets, fortifying its hydraulic, pneumatic, electro-mechanical and fluid conveyance capabilities.
The company lands an HVAC equipment and parts distributor for its first bolt-on of 2026.
Wajax lands an executive with 30 years of experience of Canadian and internatinoal distribution, manufacturing, retail and services, with previous stints at National Tire Distributors, Grainger and General Motors.
The company eyes continued expansion across Texas and surrounding states via acquisitions and greenfields.