Toll Brothers, Inc. (TollBrothers.com), the nation’s leading builder of luxury homes, announced results for its first quarter ended January 31, 2025. FY 2025’s First Quarter Financial Highlights (Compared to FY 2024’s First Quarter): Douglas C. Yearley , Jr., chairman and chief executive officer, stated: “In our first quarter, we delivered 1,991 homes at an average price of approximately $925,000, generating home sales revenues of $1.84 […]
MasterBrand Reports Fourth Quarter and Full Year 2024 Financial Results
MasterBrand, Inc. (“Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, announced fourth quarter and full year 2024 financial results. “End market choppiness increased throughout the holiday season resulting in unanticipated volume declines which delayed the realization of previously implemented price increases and limited our ability to sufficiently flex operations in the quarter,” […]
Allegion Reports Q4, Full-Year 2024 Financial Results
Results showcase solid execution, margin expansion and balanced capital deployment Allegion plc, a leading global security products and solutions provider, reported financial results for its fourth quarter (ended Dec. 31, 2024). “Allegion delivered a record year in 2024 – a year marked by consistent, strong execution, solid margin expansion and balanced capital deployment,” said Allegion […]
The AZEK® Company Acquires Northwest Polymers, Expanding Recycling Capabilities in Pacific Northwest
The AZEK Company Inc. (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® Decking and Railing, Versatex® and AZEK Trim®, and StruXure® pergolas, announced the recent acquisition of Northwest Polymers, an industry leader in post-industrial and post-commercial plastic recycling based in Molalla and Aurora, Oregon. The acquisition […]
Tempur Sealy Completes Name Change to Somnigroup International
Somnigroup International Inc. (“Company” or “Somnigroup”), formerly Tempur Sealy International, announced the completion of its name change. Shares of Somnigroup common stock trade on the New York Stock Exchange under the ticker symbol “SGI.” Scott Thompson, Somnigroup Chairman and CEO said, “Somnigroup is the world’s largest bedding company, with superior capabilities in design, manufacturing, distribution […]
Sonoco Reports Fourth Quarter and Full Year 2024 Results
In a release issued under the same headline earlier today by Sonoco Products Company, please note that the cash flow from operating activities under Full-Year 2025 Guidance should be $800 million to $900 million, not $750 million to $850 million as previously stated. The corrected release follows: Sonoco Products Company (“Sonoco” or the “Company”), a […]
La-Z-Boy Incorporated Reports Strong Third Quarter Results
La-Z-Boy Incorporated, a global leader in the retail and manufacture of residential furniture, reported strong third quarter results for the period ended January 25, 2025. For the quarter, sales totaled $522 million, growing 4% against the prior year comparable period. Operating margin was 6.7% for the quarter on a GAAP basis and 6.8% on a Non-GAAP(1) basis. Diluted earnings […]
James Hardie Achieves Strong Third Quarter FY25 Results Providing Confidence to Reaffirm FY25 Guidance and FY26 Growth Plans
Q3 FY25 GAAP Operating Income of $206 million Q3 FY25 Adjusted EBITDA of $262 million and Adjusted EBITDA Margin of 27.5% Average Net Sales Price Growth Across All Regions Reaffirms 2H and FY25 Guidance for North America Volume and EBIT Margin, Total Adjusted Net Income Planning for Growth and Margin Expansion Across Regions for FY26 […]
ATCO Congratulates Invictus Competitors and Organizers on Successful Games and Announces Global Partnership with the Invictus Games Foundation
The Invictus Games Vancouver Whistler 2025, co-presented by ATCO and Boeing, concluded after nine days of inspiring competition and community celebration in Vancouver and Whistler Welcoming more than 500 wounded, injured, and sick veteran and active-duty individuals from 23 nations, the Games were a resounding success, highlighting the indomitable spirit of its competitors, the dedication […]
Building Gurus: The Top 5 Challenges of a Multi-Generational Lumber Business (And How to Overcome Them)
Running a family business isn’t just business—it’s personal. I know this firsthand. I’m a 4th-generation farm kid, obviously, I wasn’t the “heir apparent” for the family farm. I’ve seen firsthand the complexities, emotions, and tensions that come with running a legacy business. I’ve seen what happens when two generations want to lead, when tradition collides […]