The 2020 Mid-Year Economic Update_long

Stock Building Supply Sales Up 1.6% in 2Q

Sales increased 3.7 percent year-over-year.

Stock Building Supply, Inc. (NASDAQ: STCK), Raleigh, NC, reported sales for the second quarter of $350.1 million, a 1.6 percent increase over the same period a year ago. Profit decreased 54.3 percent to $2.6 million. 

"We continued to make investments in our e-business capabilities that we believe will provide differentiated customer service and help to accelerate operating profit as the housing market recovery progresses," said Jeff Rea, president and CEO.

For the first six months, sales were $647.7 million, up 3.7 percent over the same period one year ago. Profit was $4.4 million, up 89.4 percent from a year ago.

About the Author
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.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and 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


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



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.