The Madison’s Lumber Prices Index for the week ending October 25, 2024 is: US$445 mfbm. This is up +2%, or +$8, from the previous week when it was US$437. This is up +5%, or +$21, from one month ago when it was US$424. For information regarding the construction of this Index (species mix, weighed averages) […]
Statistics Canada: New Housing Price Index, September 2024
Buyers see another month without change in new home prices The national index remained unchanged for the second consecutive month in September. Prices were unchanged in 12 of the 27 census metropolitan areas (CMAs) surveyed, up in 8 CMAs, and down in the remaining 7. The largest monthly declines in September were registered in Guelph and St. Catharines–Niagara New home buyers saw […]
Canfor Reports Results for Third Quarter of 2024
Canfor Corporation (“The Company” or “Canfor”) reported its third quarter of 2024 results: Overview For the third quarter of 2024, the Company reported an operating loss of $559.7 million, compared to an operating loss of $250.8 million in the second quarter of 2024. During the current period, the Company’s British Columbia (“BC”) operations continued to […]
La-Z-Boy Incorporated Opens Newly Renovated Showroom at High Point Market
Showcases new visual elements and product offerings aimed to deliver the transformational power of comfort across all generations Demonstrates continued Century Vision progress, and reinforces company’s commitment to the industry La-Z-Boy Incorporated, a global leader in the manufacture and retail of residential furniture, has opened its newly renovated showroom at High Point Market in Furniture Plaza, High […]
Tractor Supply Company Reports Third Quarter 2024 Financial Results
Tractor Supply Company, the largest rural lifestyle retailer in the United States (the “Company”), reported financial results for its third quarter ended September 28, 2024. “We delivered on our expectations for the third quarter amid a tepid retail sales environment while advancing our Life Out Here strategy. The fundamentals of our business remain strong with […]
Allegion Reports Q3-2024 Financial Results
Revenue growth and margin expansion mark strong third-quarter performance Allegion plc, a leading global security products and solutions provider, reported financial results for its third quarter (ended Sept. 30, 2024). Quarterly Financial Highlights (All comparisons against the third quarter of 2023, unless otherwise noted) Full-Year Outlook Highlights “Q3 marks another quarter of strong results for […]
Paper Excellence Group Rebrands as Domtar
Unveils New Brand Identity Representing Bright Company Future Leading Go-To-Market Brands Largely Remain in Place Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation (and other legal entities) and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a […]
Welcome, Nick Christ—Hancock Lumber’s New Brunswick General Manager
Team Hancock is thrilled to welcome Nick Christ as the new General Manager of our Brunswick location. Nick has close to thirty years of experience in our industry, previously working at Home Depot. Nick started out at 19 years old working in the parking lot retrieving carts and has done most every job there. Nick eventually earned a […]
Weyerhaeuser Reports Third Quarter 2024 Results
Generated net earnings of $28 million, or $0.04 per diluted share, and net earnings before special items of $35 million, or $0.05 per diluted share Achieved Adjusted EBITDA of $236 million Completed $125 million of share repurchase year-to-date through third quarter Completed previously announced timberland acquisitions in Alabama Weyerhaeuser Company reported third quarter net earnings […]
Mohawk Industries Reports Q3 Results
Mohawk Industries, Inc. announced third quarter 2024 net earnings of $162 million and earnings per share (“EPS”) of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. Net sales for the third quarter of 2024 were $2.7 billion, a decrease of 1.7% as reported and 2.1% on an adjusted basis versus the prior year. During the third quarter of […]