Floor & Decor a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in Timnath, Colorado on November 7, 2022. The Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led by Michelle […]
Ace Hardware Set To Open More Than 170 Stores This Year
Ace Hardware, the largest retailer-owned hardware cooperative in the world, has already opened 130 new stores in 2022, and is planning to open at least an additional 40 stores in Q4 for more than 170 by the end of the year. Ace operates more than 5,600 locally owned hardware stores in all 50 states and 65 countries, with global sales topping $20 billion. Ace’s unique cooperative business […]
Leggett & Platt Reports 3Q Results
3Q sales were $1.29 billion, a 2% decrease vs 3Q21 3Q EBIT of $113 million, down $31 million vs 3Q21 3Q EPS of $.52, a decrease of $.19 vs 3Q21 2022 guidance unchanged from October 10 announcement: sales of $5.1–$5.2 billion; EPS of $2.30–$2.45 Diversified manufacturer Leggett & Platt reported third quarter sales of $1.29 billion, a 2% decrease versus third quarter last year. Organic sales1 were down 3% Volume was down […]
Trex Company Reports Third Quarter 2022 Results
Trex Company, Inc., the world’s #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products and a leading national provider of custom-engineered commercial railing systems, today reported third quarter 2022 results and year-to-date performance. Third Quarter 2022 Highlights Consolidated net sales of $188 million Net income of $15 million; diluted earnings per share […]
Clearwater Paper Reports Third Quarter 2022 Results
Clearwater Paper Corporation, a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the third quarter and nine months ended September 30, 2022. Third Quarter Highlights Delivered strong performance in the quarter, with price realization helping offset inflation Net sales of $539 million, up 20% compared to the third quarter of […]
Boise Cascade Company Reports Third Quarter 2022 Results
Boise Cascade Company (“Boise Cascade,” the “Company,” “we,” or “our”) today reported net income of $219.6 million, or $5.52 per share, on sales of $2.2 billion for the third quarter ended September 30, 2022, compared with net income of $91.7 million, or $2.31 per share, on sales of $1.9 billion for the third quarter ended September 30, 2021. “The outstanding work of associates across our organization was evident […]
Kodiak Building Partners Supports Hurricane Ian Relief with Donation to Samaritan’s Purse and Special Contributions to Employee Assistance Fund
Kodiak Building Partners today announced that it has made a $20,000 donation to Samaritan’s Purse to support local communities affected by Hurricane Ian in the state of Florida. In addition, senior leadership and members of Kodiak’s board of directors have donated nearly $70,000 which is being matched by Kodiak to the Employee Assistance Fund within […]
Resolute Stockholders Vote in Favor of Each Proposal at Special Meeting
Stockholders of Resolute Forest Products Inc. (“Resolute” or the “company”) (NYSE: RFP) (TSX: RFP) today approved a proposal to adopt the Agreement and Plan of Merger, dated as of July 5, 2022 (as it may be further amended, modified or supplemented from time to time, the “merger agreement”), by and among the company, Domtar Corporation, a Delaware corporation (“Domtar”), Terra Acquisition […]
PPG Recognized by Forbes Among Top Employers in Mexico
PPG announced its inclusion in Forbes’ inaugural Mexico’s Best Employers list. This list recognizes companies based on independent surveys of roughly 10,000 employees working part-time or full-time in Mexico and based on their willingness to recommend their own employers to friends and family. Forbes partnered with Statistica to complete the independent surveys. Employee evaluations also included […]
Emerson Reports Fourth Quarter and Full Year 2022 Results; Provides Initial 2023 Outlook
Emerson today reported results for its fourth quarter and fiscal year ended September 30, 2022. Fourth quarter net sales were up 8 percent and underlying sales were up 12 percent. The Americas were up 17 percent, Europe was up 3 percent, and Asia, Middle East & Africa was up 7 percent. China was up 9 […]