Third quarter earnings per diluted share of $2.75, up 10% Third quarter operating income up 11% Third quarter net income up 9% Union Pacific Corporation reported 2024 third quarter net income of $1.7 billion, or $2.75 per diluted share. This compares to 2023 third quarter net income of $1.5 billion, or $2.51 per diluted share. “Our third quarter results demonstrate the success of […]
Tractor Supply Company to Acquire Allivet, a Leading Online Pet and Animal Pharmacy
Acquisition expands benefits for Tractor Supply’s 37 million Neighbor’s Club members with a convenient, low-cost pharmacy solution for pets and animals Tractor Supply Company, the largest rural lifestyle retailer in the United States (the “Company”), announced it has signed a definitive agreement to acquire Allivet, a privately held online pet pharmacy. The acquisition of Allivet will […]
Premier Forest Products Acquires Staircase Specialist
We are excited to announce our latest acquisition with the purchase of a specialist producer of bespoke staircases. Established in 1988 and based in Westbury, Wiltshire, Stairway Joinery Ltd designs and manufactures bespoke staircases for residential and commercial buildings. With a strong reputation for excellence, Stairway Joinery Ltd is renowned for its skill and craftsmanship in creating […]
Landmark Lumber Group Adds DONE.PINE™ and Enhance ™ Prefinished Paneling to its Product Offering
Landmark Lumber Group Expands Line Card by Adding Two New Prefinished Paneling Lines to Provide a Good-Better-Best Prefinished Paneling Offering Landmark Lumber Group, the most comprehensive wholesale supplier of lumber products in the Mid-Atlantic region, today announced the addition of DONE.PINE™ standard grade prefinished paneling and Enhance™ premium grade prefinished pine paneling to its product […]
CPKC Reports Third-Quarter Results Driven by Solid Execution; Poised for Strong Finish to 2024
Canadian Pacific Kansas City (CPKC) announced its third-quarter results, including revenues of $3.5 billion, diluted earnings per share (EPS) of $0.90 and core adjusted combined diluted EPS1 of $0.99. “During the third quarter, we delivered strong performance across the operations of our unrivaled North American network, despite dealing with a number of temporary headwinds,” said Keith Creel, […]
Mississippi Lumber Manufacturers Association Partners with MSU to Advance Mass Timber through Endowed Professorship
A new partnership between Mississippi State and the state’s leading lumber organization is positioning the university as a leader in forest products innovation. The Mississippi Lumber Manufacturers Association has established the Mississippi Lumber Manufacturers Association Endowed Professorship in Innovative Wood Construction and Design at MSU. The endowment—housed in the College of Forest Resources’ Department of […]
West Fraser Announces Third Quarter 2024 Results
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) reported the third quarter results of 2024 (“Q3-24”). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Third Quarter Highlights “The benefits of our product diversification strategy were apparent once again in the third quarter of 2024, a period marked […]
Transom Capital-Backed Artivo Surfaces Acquires Tom Duffy Company
Deal Expands Artivo’s Brand Portfolio and National Reach Artivo Surfaces, the Transom Capital-backed parent company of Virginia Tile, Galleher, and Trinity Hardwood, is acquiring Tom Duffy Company, a strategic move that significantly strengthens Artivo’s position as a market leader in the tile and flooring industry. With its extensive portfolio of installation materials, hardwood, luxury vinyl […]
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 18, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the […]
NAR: Existing-Home Sales Slid 1.0% in September
Existing-home sales descended 1.0% in September to a seasonally adjusted annual rate of 3.84 million. Sales dipped 3.5% from one year ago The median existing-home sales price climbed 3.0% from September 2023 to $404,500, the 15th consecutive month of year-over-year price increases The inventory of unsold existing homes rose by 1.5% from the prior month […]