International Paper today reported third quarter 2022 financial results. Third Quarter 2022 Highlights Third quarter net earnings (loss) attributable to International Paper of $951 million ($2.64 per diluted share) compared with $511 million ($1.38 per diluted share) in the second quarter of 2022 and $864 million ($2.20 per diluted share) in the third quarter of 2021. […]
Ferguson Publishes FY2022 ESG Report, Annual Report and Notice of Annual General Meeting
Ferguson plc (NYSE: FERG; LSE: FERG) (the “Company” or “Ferguson”) today published its fiscal year (“FY”) 2022 Environmental, Social and Governance Report (the “FY2022 ESG Report”); FY2022 Annual Report; and FY2022 Notice of Annual General Meeting and Governance Disclosures (the “FY2022 Notice”). Each document is available on the Company’s website at www.fergusonplc.com. FY2022 ESG Report Ferguson’s […]
Beacon Expands Service in the South
Beacon (Nasdaq: BECN) announced today that it has opened greenfield locations in Leitchfield, Kentucky and Hampton, Virginia. The Hampton, VA branch expands the Beacon OTC® network service to residential and commercial customers in the Virginia Beach-Norfolk-Newport News-Williamsburg market. It is stocked with leading brands of roofing and complementary products, including Beacon’s own TRI-BUILT® products. The Leitchfield, […]
ATCO Reports Third Quarter 2022 Earnings
ATCO Ltd. (ATCO or the Company) today announced third quarter 2022 adjusted earnings of $87 million ($0.76 per share), $18 million ($0.16 per share) higher compared to $69 million ($0.60 per share) in the third quarter of 2021. Third quarter earnings attributable to Class I and Class II Shares reported in accordance with International Financial Reporting […]
Patrick Industries, Inc. Reports Third Quarter 2022 Financial Results
Patrick Industries, Inc. (NASDAQ: PATK), a leading component solutions provider for the Leisure Lifestyle and Housing markets today reported financial results for the third quarter ended September 25, 2022. Net sales of $1.11 billion increased 5%, reflecting growth in our marine and housing markets, partially offset by a 40% reduction in RV OEM shipments Gross profit […]
Allegion Reports Third-Quarter 2022 Financial Results, Revises Full-Year 2022 Outlook
Allegion plc, a leading global provider of security products and solutions, today reported third-quarter 2022 net revenues of $913.7 million and net earnings of $114.6 million, or $1.30 per share. Excluding charges related to restructuring, acquisition and integration costs, amortization expense related to acquired backlog revenue and a fair value of inventory step-up, and a loss on the sale of […]
Freddie Mac: Mortgage Rates Surpass Seven Percent
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.08 percent. “The 30-year fixed-rate mortgage broke seven percent for the first time since April 2002, leading to greater stagnation in the housing market,” said Sam Khater, Freddie Mac’s Chief Economist. “As inflation endures, consumers are […]
Deceuninck North America Adds to Leadership Team, Other Key Internal Promotions
Deceuninck North America (“Deceuninck”), an industry-leading manufacturer and extruder of energy-efficient residential and commercial PVC window and door components and systems, is pleased to announce the appointment of a new vice president of finance to its leadership team. The organization has also promoted two key team members central to its material science and research and […]
Sealy Introduces Pressure-Relieving Gel Technology
Tempur Sealy International, Inc. (“Company” or “Tempur Sealy”), the company synonymous with innovation in the mattress industry, today announced that Sealy® — America’s #1 trusted* and #1 best-selling mattress brand** –is introducing Sealy® FlexGrid™, a new mattress collection that features a proprietary and new hyper-elastic polymer pressure-relieving layer. The new Sealy FlexGrid™ mattress collection features exclusive […]
Sylvamo and WWF Partner to Conserve and Restore Forests in Key Global Regions
Sylvamo, the world’s paper company, is announcing a $3 million expanded partnership with World Wildlife Fund (WWF) to further its commitment to forest conservation and restoration. The initiative is part of Sylvamo’s environmental, social and governance (ESG) strategy and 2030 goals. “Our 2030 goals demonstrate Sylvamo’s commitment to building a better future for people, the planet […]