Do it Best is pleased to announce the appointment of Matt Loprest and Tim Pieper as directors of operations. These strategic hires follow the promotions of Ty Sordelet to Do it Best Vice President of Logistics in December 2024 and Steve Rose to True Value Vice President of Distribution in November 2024. With the additions […]
Installed Building Products Reports Record Fourth Quarter 2024 Results
Installed Building Products, Inc. (the “Company” or “IBP”), an industry-leading installer of insulation and complementary building products, announced results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights (Comparisons are to Prior Year Period) Recent Developments “Our fourth-quarter results capped off another record year for IBP, reinforcing our longstanding commitment to […]
Beacon Reports Record Fourth Quarter and Full Year Net Sales
Beacon (the “Company”, “we”, “our”), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing, and related exterior products, announced results for the fourth quarter and full year ended December 31, 2024 (“2024”). “Despite the challenging economic environment in 2024, we delivered record fourth quarter and full year sales and our highest fourth quarter Adjusted EBITDA in […]
Kelly Barrett Appointed to LP Building Solutions Board of Directors
LP Building Solutions, a leading manufacturer of high-performance building products, announced the appointment of Kelly Barrett to its Board of Directors, effective February 25, 2025. “We are pleased to welcome Kelly to LP’s Board of Directors,” said LP Chair and Chief Executive Officer Brad Southern. “She is a highly accomplished executive with a strong track record in senior finance leadership […]
West Fraser Announces Renewal Of Normal Course Issuer Bid
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) announced that the Toronto Stock Exchange (“TSX”) has accepted West Fraser’s notice to renew its normal course issuer bid (“NCIB”). Under the renewed NCIB, West Fraser will be entitled to purchase up to 3,868,177 Common shares (“Shares”) of the Company, representing approximately 5% of the […]
ATCO Reports 2024 Earnings
ATCO Ltd. (ATCO or the Company) announced adjusted earnings (1) in 2024 of $481 million ($4.29 per share), which were $49 million ($0.47 per share) higher compared to $432 million ($3.82 per share) in 2023. Fourth quarter adjusted earnings in 2024 of $146 million ($1.30 per share) were $19 million ($0.17 per share) higher compared […]
NAR: Pending Home Sales Waned 4.6% in January
Pending home sales in January dropped 4.6% Compared to one month ago, pending home sales retreated in the Midwest, South and West, while the Northeast underwent a slight increase Year-over-year, contract signings declined in all four U.S. regions, with the South showing the largest reduction Pending home sales pulled back 4.6% in January according to […]
CRH 2024 Full Year Results
CRH, a leading provider of building materials solutions, reported fourth quarter and full year 2024 financial results. Key Highlights Jim Mintern, Chief Executive Officer, said: “2024 was a strong year for CRH, driven by our customer-connected solutions strategy and leading positions of scale in attractive, higher-growth markets. We delivered another year of double-digit profit growth […]
Beacon Announces Continued Footprint Expansion
Four greenfield branches expand service area in Indiana, Wisconsin, Florida and Texas Further supports Ambition 2025 Plan to drive above market growth by significantly enhancing customer reach Beacon, the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced that it has opened four greenfield branches to better serve both residential and […]
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 21, 2025. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]