Stock Building Supply Sales Up 7.8% in 3Q - Modern Distribution Management

Log In

Stock Building Supply Sales Up 7.8% in 3Q

Sales increased 9.7 percent year-over-year.

Stock Building Supply, Inc. (NASDAQ: STCK), Raleigh, NC, reported sales for the third quarter of $354.1 million, a 7.8 percent increase over the same period a year ago. Profit increased to $5 million, compared to a year ago net loss of $5.5 million.

"While the U.S. housing market has been slower than anticipated so far in 2014, our service professionals have once again delivered solid operating result improvements," said Jeff Rea, president and CEO. "We anticipate a continued, gradual recovery in the housing market from today's levels and remain focused on both near-term and longer-term value creation activities. Additionally, we are maintaining the pace of investment in our strategic service and growth initiatives which we expect will enhance the strength of our business moving forward."

For the first nine months, sales were $978.6 million, up 9.7 percent over the same period one year ago. Profit was $7.3 million, compared to a year-ago loss of $7.9 million.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.